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

Market news

21 December 2018

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

Nike (NKE) reported Q2 FY 2019 earnings of $0.52 per share (versus $0.46 in Q2 FY 2018), beating analysts’ consensus estimate of $0.46.

The company’s quarterly revenues amounted to $9.374 bln (+9.6% y/y), beating analysts’ consensus estimate of $9.169 bln.

NKE rose to $73.20 (+8.40%) in pre-market trading.

Canada: Retail Sales, m/m, October 0.3% (forecast 0.4%)

Shutdown today if Democrats do not vote for Border Security! @realDonaldTrump

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.