logo
  

Nike Inc Profit Rises In Q3

Nike Inc (NKE) revealed earnings for its third quarter that climbed from the same period last year.

The company's bottom line came in at $1.45 billion, or $0.90 per share. This compares with $0.85 billion, or $0.53 per share, in last year's third quarter.

Analysts had expected the company to earn $0.76 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.6% to $10.36 billion from $10.10 billion last year.

Nike Inc earnings at a glance:

-Earnings (Q3): $1.45 Bln. vs. $0.85 Bln. last year.
-EPS (Q3): $0.90 vs. $0.53 last year.
-Analysts Estimate: $0.76
-Revenue (Q3): $10.36 Bln vs. $10.10 Bln last year.

For comments and feedback contact: editorial@rttnews.com

RELATED NEWS
Follow RTT