Nike (NKE) Beats Q4 Earnings Estimates

Nike (NKE) came out with quarterly earnings of $1.01 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $0.66 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.82%. A quarter ago, it was expected that this athletic apparel maker would post earnings of $0.69 per share when it actually produced earnings of $0.98, delivering a surprise of 42.03%.Over the last four quarters, the compa ...