Nike (NKE) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.98 per share a year ago.
The 'Fast Money' traders react to Nike quarterly results.
CNBC's Sara Eisen and Brian Nagel, Oppenheimer senior analyst, joins 'Closing Bell Overtime' to talk Nike quarterly results.
Nike Inc (NYSE: NKE) is still grappling with a sales decline – but its latest earnings release signals the turnaround strategy of its new CEO Elliott Hill is starting to show some early signs of working out.
Chief Executive Elliott Hill, who returned to the company in October, said Nike is making progress and is confident the company is on the right path.
Sports apparel giant Nike (NKE -1.90%) reported fiscal 2025 third-quarter results on Thursday, March 20, that topped analysts' consensus estimates. Earnings per share (EPS) of $0.54 exceeded expectations of $0.30.
As the stock was trading near its year-lows, Nike (NKE) hopped off those levels following its earnings report. The company posted a beat but George Tsilis believes the company has more ground to run before reclaiming its former glory.
Shares of Nike Inc. moved higher after hours on Thursday after the sneaker maker reported fiscal third-quarter results that beat Wall Street's estimates, as the company tries to focus more deeply on the needs of athletes.
Nike Inc (NYSE:NKE, ETR:NKE) beat expectations on the earnings and revenue front in Q3, prompting a 2.5% increase in after-hours trading. The company reported earnings per share of $0.54, significantly higher than the anticipated $0.29.
Nike posted a smaller-than-expected drop in quarterly revenue on Thursday, benefiting from a holiday season bump and an uptick in demand for its new Pegasus Premium and Vomero 18 sneaker lines.
Nike will report fiscal third-quarter earnings after the bell on Thursday as the company tries to execute a turnaround under new CEO Elliott Hill. Analysts are expecting earnings per share of 29 cents on revenue of $11.01 billion.
NIKE, Inc. NKE will release its third-quarter financial results after the closing bell on Thursday, March 20.