Nike Reports Strong Second Quarter Earnings

Investing.com – Nike (NYSE: NKE) announced its second quarter earnings per share (EPS) of $0.78, outperforming the analyst estimate of $0.65 by $0.13. Revenue for the quarter reached $12.4B, exceeding the consensus estimate of $12.18B.

Nike's stock closed at $77.10, reflecting a decline of -10.89% over the past three months and -36.51% over the last twelve months.

In terms of EPS revisions, there were 0 positive revisions and 19 negative revisions in the last 90 days. You can view Nike's past stock price reactions to earnings here.

According to InvestingPro, Nike's Financial Health score is rated as "good performance".

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