Nike Q4 EPS $0.66 Misses $0.67 Estimate, Sales $12.82B Beat $12.59B Estimate
Portfolio Pulse from Benzinga Newsdesk
Nike reported Q4 earnings of $0.66 per share, missing the analyst consensus estimate of $0.67 by 1.49%. This is a 33.33% decrease from the same period last year. However, the company's quarterly sales of $12.82 billion beat the analyst consensus estimate of $12.59 billion by 1.87%, marking a 4.83% increase from the previous year.
June 29, 2023 | 8:15 pm
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Nike's Q4 earnings per share missed estimates, but sales exceeded expectations. This mixed result could lead to uncertainty in the market.
Nike's earnings per share fell short of analyst estimates, which could negatively impact the stock. However, the company's sales exceeded expectations, which could have a positive effect. The mixed results could lead to uncertainty in the market, making it difficult to predict the short-term impact on the stock.
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