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Nike Earnings Preview: Another Upside Surprise for Q2?

Nike Inc. (NKE), which said it stands by embattled Tiger Woods, is scheduled to discuss its financial results for the second quarter of fiscal 2010 in a conference call Thursday, December 17, at 5:00 PM (ET). You can catch the live webcast of the call on the company's website.

In the three months that ended in November, Nike selected a new CEO for Converse, launched its N7 collection and increased its quarterly dividend. Analysts surveyed by Thomson Reuters are looking for Nike to report that earnings for the quarter fell 11.3% from a year ago to 71 cents per share. Revenue is expected to decline 4.2% to $4.4 billion.

Continue reading Nike Earnings Preview: Another Upside Surprise for Q2?

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