• Company News: Nike (NKE) quarterly results beat analysts’ expectation

Market news

21 December 2016

Company News: Nike (NKE) quarterly results beat analysts’ expectation

Nike reported Q2 FY 2017 earnings of $0.50 per share (versus $0.90 in Q2 FY 2016), beating analysts' consensus estimate of $0.43.

The company's quarterly revenues amounted to $8.180 bln (+6.4% y/y), beating analysts' consensus estimate of $8.094 bln.

NKE rose to $53.06 (+2.45%) in pre-market trading.

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