Can Nike Stock Snap Its Post-Earnings Losing Streak?
Footwear name Nike Inc (NYSE:NKE) will announce its fiscal fourth-quarter earnings report after the close on Thursday, June 26. Analysts are expecting an earnings per share (EPS) of 11 cents, on revenue of $10.67 billion. Ahead of the event, Raymond James reiterated its "market perform" rating, suggesting results won't be as bad as anticipated, despite tariff concerns. However, it's worth noting that Nike stock has a fairly dismal post-earnings history. The stock finished the session lower following seven o ...