Company News: NIKE (NKE) quarterly earnings beat analysts’ forecast

Market news

22 March 2019

Company News: NIKE (NKE) quarterly earnings beat analysts’ forecast

NIKE (NKE) reported Q3 FY 2019 earnings of $0.68 per share (versus $0.68 in Q3 FY 2018), beating analysts’ consensus of $0.65.

The company’s quarterly revenues amounted to $9.611 bln (+7.0% y/y), generally in-line with analysts’ consensus estimate of $9.599 bln.

NKE fell to $83.70 (-4.90 %) in pre-market trading.

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