What to Watch Tuesday: Nike Earnings, Stanley Fischer Speaks

On Tuesday, September 27, investors will get quarterly results from Nike and remarks from Federal Reserve Vice Chair Stanley Fischer.
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On Tuesday, September 27, investors will get quarterly results from Nike (NKE) - Get Report and remarks from Federal Reserve Vice Chair Stanley Fischer. Analysts expect Nike to report fiscal first-quarter earnings of $0.56 a share on sales of $8.88 billion. During the same quarter a year ago, the company posted profits of $0.67 a share with revenue of $8.41 billion. Analysts are looking to see how well Nike's basketball unit performed in light of competition from Under Armour (UA) - Get Report . On the economic calendar, the S&P Case-Shiller Home Price Index for July is released at 9 a.m. EDT, along with consumer confidence for September at 10 a.m. The Fed's Stanley Fischer is delivering a speech at Howard University at 11:15 a.m. TheStreet's Scott Gamm reports from Wall Street.