Company News: NIKE (NKE) quarterly revenues miss analysts’ expectations

Market news

24 September 2021

Company News: NIKE (NKE) quarterly revenues miss analysts’ expectations

NIKE (NKE) reported Q1 FY 2022 earnings of $1.16 per share (versus $0.95 per share in Q1 FY 2021), beating analysts’ consensus estimate of $1.12 per share.

The company’s quarterly revenues amounted to $12.248 bln (+15.6% y/y), missing analysts’ consensus estimate of $12.473 bln.

NKE fell to $152.35 (-4.53%) in pre-market trading.

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