Nike Reports Earnings of $0.13, Surpassing Expectations, with Profits Also Beating Forecasts

According to Nike's (NYSE: NKE) report, the earnings per share for the second quarter were $0.78, which is $0.13 better than analysts' expectations of $0.65. The published profit for this quarter was set at $12.4 billion, while analyst expectations were $12.18 billion.

Nike stock closed the day at $77.10, indicating a loss of -10.89% in value over the past three months. Over the last 12 months, the stock has shown a loss of -36.51%. In the last 90 days, Nike saw 0 positive earnings per share while reporting 19 negative earnings per share.

InvestingPro indicates that Nike's financial health score is "Quite Good." You can review the latest earnings reports and all of the company's financial information here. Stay informed about all developments related to financial statements by visiting the Investing.com Earnings Calendar.