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

Market news

25 September 2019

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

NIKE (NKE) reported Q1 FY 2020 earnings of $0.86 per share (versus $0.67 in Q1 FY 2019), beating analysts’ consensus estimate of $0.71.

The company’s quarterly revenues amounted to $10.660 bln (+7.2% y/y), beating analysts’ consensus estimate of $10.433 bln.

NKE rose to $92.08 (+5.62%) in pre-market trading.

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