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Benzinga
Benzinga
Business
Vaishali Prayag

THE TRUTH ABOUT: What s going on with nike shares today - The Untold Story

NIke NKE
Bangkok,,Thailand,-,July,2,,2017:nike,Classic,Cortez,White - midnight,Navy - gym-red

Nike Inc. (NYSE:NKE) shares are trading higher Thursday as investors prepare for the company's fourth-quarter earnings report due after market close.

What To Know: Analysts expect Nike to report fourth-quarter revenue of $10.71 billion, down from $12.61 billion in the same quarter last year. Earnings per share are projected to come in at 12 or 13 cents, a drop from 99 cents a year ago.

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