Nike earnings beat by $0.18, revenue fell short of estimates

investing.com 01/10/2024 - 20:17 PM

Nike Q1 Earnings Report

Investing.com – Nike (NYSE: NKE) reported first quarter EPS of $0.70, exceeding the analyst estimate of $0.52 by $0.18. Revenue for the quarter was $11.6B, compared to the consensus estimate of $11.65B.

As of the latest update, Nike’s stock price closed at $89.13. Over the past three months, the stock has increased by 18.16%, while it has decreased by 5.74% over the last twelve months.

In terms of earnings revisions, Nike experienced 4 positive EPS revisions and 5 negative EPS revisions in the last 90 days. To see Nike’s stock price’s past reactions to earnings, check the link provided.

According to InvestingPro, Nike’s Financial Health score indicates good performance.

For more details on Nike’s recent earnings performance and financials, visit the appropriate links.

Stay updated on all upcoming earnings reports by checking Investing.com’s earnings calendar.




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