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- Company news: NIKE’s (NKE) quarterly results beat analysts’ estimates
Ekonomické zprávy
22.03.2024
Company news: NIKE’s (NKE) quarterly results beat analysts’ estimates
NIKE (NKE) reported Q3 FY2024 earnings of $0.98 per share (versus $0.79 per share in Q3 FY2023), beating analysts’ consensus estimate of $0.75 per share.
The company’s quarterly revenues amounted to $12.400 bln (0.0% y/y), beating analysts’ consensus estimate of $12.280 bln.
The company also said it still expects FY2024 revenue growth of approximately +1% y/y and anticipates positive earnings and sales y/y growth in FY2025 with operating margin expansion.
NKE fell to $94.61 (-6.16%) in pre-market trading.
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