Company news: NIKE (NKE) quarterly results beat analysts’ forecasts

NIKE (NKE) reported Q3 FY2023 earnings of $0.79 per share (versus $0.87 per share in Q3 FY2022), beating analysts’ consensus estimate of $0.55 per share.

The company’s quarterly revenues amounted to $12.400 bln (+13.8% y/y), beating analysts’ consensus estimate of $11.483 bln.

NKE fell to $124.70 (-0.72%) in pre-market trading.