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Nike Doubles Profit Estimates on Strong Digital Sales
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Nike (NKE) - Get Report shares shot up after hours Tuesday after the sports-apparel company reported fiscal-first-quarter results that topped analyst estimates.
For the quarter ended Aug. 31 the Beaverton, Ore., company reported net income of 95 cents a share against 86 cents in the year-earlier quarter.
Revenue slipped 0.6% to $10.59 billion from $10.66 billion.
Analysts surveyed by FactSet were expecting the company to report earnings of 41 cents a share, or an adjusted 47 cents, on revenue of $9.13 billion.
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https://www.thestreet.com/investing/nike..._ven=YAHOO
NKE nachbörslich +13% auf 132,20!
![[Bild: NKEc1dl0230.png]](https://finviz.com/publish/092320/NKEc1dl0230.png)
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Nike (NKE) - Get Report shares shot up after hours Tuesday after the sports-apparel company reported fiscal-first-quarter results that topped analyst estimates.
For the quarter ended Aug. 31 the Beaverton, Ore., company reported net income of 95 cents a share against 86 cents in the year-earlier quarter.
Revenue slipped 0.6% to $10.59 billion from $10.66 billion.
Analysts surveyed by FactSet were expecting the company to report earnings of 41 cents a share, or an adjusted 47 cents, on revenue of $9.13 billion.
...
https://www.thestreet.com/investing/nike..._ven=YAHOO
NKE nachbörslich +13% auf 132,20!
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