Nike (NKE) Beats Q3 Earnings and Revenue Estimates

Nike (NKE) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.79 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 42.03%. A quarter ago, it was expected that this athletic apparel maker would post earnings of $0.84 per share when it actually produced earnings of $1.03, delivering a surprise of 22.62%.Over the last four quarters, the compa ...