Nike (NKE) Q2 Earnings and Revenues Surpass Estimates
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Nike (NKE) reported Q2 earnings of $0.78 per share, surpassing the Zacks Consensus Estimate of $0.63. However, this is a decrease from $1.03 per share a year ago.
December 19, 2024 | 11:45 pm
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Nike's Q2 earnings per share of $0.78 exceeded expectations but were lower than last year's $1.03. This mixed result may influence short-term stock movements.
Nike's earnings per share exceeded analyst expectations, which is typically positive for stock prices. However, the decrease from last year's earnings may temper investor enthusiasm, leading to mixed short-term impacts.
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