Pearson, Australia's top athlete who won 100 metres hurdles gold at London in 2012, picked up the injury while training on the country's Gold Coast, News Corporation newspapers said.
The reports said she would miss Rio but the Australian Olympic Committee would not confirm this and Athletics Australia (AA) tweeted only that Pearson "will be made available to the media" on Thursday.
An AA spokesman said there would be no further comment ahead of her press conference.
The 29-year-old only returned to competition in June after spending a year on the sidelines following a fall that shattered her wrist, which affected the technique she uses at the start of a race.
But it did not go to plan with Pearson trailing in after pacesetting Americans in three races in Europe.
Earlier this month she pulled out of her last scheduled race in Stockholm to return to her Gold Coast base and focus on training to be in shape for Rio.
"What brings athletes back even after we get pushed down time and time again from disappointment?" she wrote.
"For me, it's the excitement, the fun and the pure determination that I can overcome the setbacks and still deliver my best."
But Pearson also admitted she was struggling for fitness.
"I have now been home for six days. I have left nothing in the tank on my return," she said.
"Training has been intensely hard and I am exhausted from it but at this stage I have absolutely no other choice if I am going to be competitive in Rio.
Pearson, who also won hurdles silver at the 2008 Beijing Olympics and gold at the 2011 Daegu World Championships, is the Australian track and field team captain and was due to race her opening Olympic heat on August 16.
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