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

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26 setembro 2018

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

NIKE (NKE) reported Q1 FY 2019 earnings of $0.67 per share (versus $0.57 in Q1 FY 2018), beating analysts' consensus estimate of $0.63.

The company's quarterly revenues amounted to $9.948 bln (+9.7% y/y), generally in-line with analysts' consensus estimate of $9.918 bln.

NKE fell to $82.70 (-2.46%) in pre-market trading.

Upgrades before the market open

The FTSE 100 Index rises slightly in mid-morning deals as miners and oil majors limit gains ahead of the U.S. Federal Reserve's interest-rate decision later. The FTSE is 0.05% or 3.49 points higher at 7511.05 mid-morning

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