Nike (NKE) future orders ex-currency up 2%, versus estimates of up 5.3% - Bloomberg
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FBR Capital Reiterates Market Perform on Nike (NKE) Following 2Q Results
December 21, 2016 6:54 AM ESTFBR Capital reiterated a Market Perform rating and $55.00 price target on Nike (NYSE: NKE) following the company's 2Q earnings report. EPS of $0.50 was came in ahead of the consensus estimate of $0.44. Revenue growth of +6.4% beat consensus estimates of +5.3%. Demand creation decreased 1% in line
with plan following significant 1Q investments in the Olympics and Euro Cup.
Analyst Susan Anderson commented, "NIKE reported... More
Nike (NKE) Tops Q2 EPS by 7c
December 20, 2016 4:16 PM ESTNike (NYSE: NKE) reported Q2 EPS of $0.50, $0.07 better than the analyst estimate of $0.43. Revenue for the quarter came in at $8.2 billion versus the consensus estimate of $8.09 billion.
Gross margin contracted 140 basis points to 44.2 percent.
The effective tax rate was 24.4 percent, compared to... More
