NIKE-Nike (NKE) Beats Q1 Earnings Estimates

Nike (NKE) came out with quarterly earnings of $0.70 per share, beating the Zacks Consensus Estimate of$ 0.52 per share. This compares to earnings of $0.94 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 34.62%. A quarter ago, it was expected that this athletic apparel maker would post earnings of$ 0.85 per share when it actually produced earnings of $1.01, delivering a surprise of 18.82%.Over the last four quarters, the compa ...