Nike Exceeds Expectations with Strong Earnings Report
Nike Inc (NYSE:NKE) has beaten expectations with its quarterly earnings results, reporting $0.48 earnings per share (EPS) for the quarter.
This beats the consensus estimate of $0.44 EPS by $0.04, according to Zacks. The company's net margin is 6.70% and return on equity is 16.54%.
Nike has also updated its FY 2027 guidance to 1.150-1.350 EPS.