Market Intelligence
NKE

Nike Inc Q2 Earnings Rise

(RTTNews.com) - Nike Inc ( NKE ) released a profit for its second quarter that rose from last year.

The company's bottom line totaled $847 million, or $0.52 per share. This compares with $767 million, or $0.46 per share, in last year's second quarter.

Analysts had expected the company to earn $0.46 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 9.6% to $9.37 billion from $8.55 billion last year.

Nike Inc earnings at a glance:

-Earnings (Q2): $847 Mln. vs. $767 Mln. last year. -EPS (Q2): $0.52 vs. $0.46 last year. -Analysts Estimate: $0.46 -Revenue (Q2): $9.37 Bln vs. $8.55 Bln last year.

For comments and feedback: contact editorial@rttnews.com

http://www.rttnews.com


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

NKE

Other Topics

World Markets Stocks Earnings

RTTNews

Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.

Learn More