Nike, Inc. (NYSE:NKE) will release earnings results for the first quarter, after the closing bell on Tuesday, Sept. 30.
Analysts expect the company to report quarterly earnings at 27 cents per share, down from 70 cents per share in the year-ago period. Lamb Weston projects to report quarterly revenue at $11.00 billion, compared to $11.59 billion a year earlier, according to data from Benzinga Pro.
The company has beaten analyst estimates for earnings per share in eight straight quarters and in nine of the last 10 quarters overall.
Shares of Nike rose 0.4% to close at $69.55 on Monday.
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