Categories AlphaGraphs, Consumer, Earnings
NKE Earnings: Nike Q3 revenue up 5%; earnings beat estimates
Sneaker giant Nike, Inc. (NYSE: NKE) on Monday reported a decline in earnings for the third quarter of 2022, despite an increase in revenues. The results topped Wall Street’s expectations.
Third-quarter revenues rose 5% annually to $10.9 billion, reflecting the continued improvement in demand conditions, and surpassed experts’ prediction. The company reported a net income of $1.40 billion or $0.87 per share for the quarter, compared to $1.45 billion or $0.90 per share in the third quarter of 2021. Analysts were looking for a smaller number for the latest quarter.
Read management/analysts’ comments on Nike’s Q3 results
The company’s stock entered 2022 on a low note and declined steadily since then. It closed Monday’s trading lower but made modest gains in the after-hours following the quarterly report.
Prior Performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Key highlights from Deere & Co.’s (DE) Q4 2024 earnings results
Deere & Company (NYSE: DE) reported its fourth quarter 2024 earnings results today. Worldwide net sales and revenues decreased 28% year-over-year to $11.14 billion. Net income was $1.24 billion, or
NVDA Earnings: Nvidia Q3 profit jumps, beats estimates
NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a sharp increase in adjusted profit and revenue for the third quarter of 2025. Earnings also topped analysts' estimates. The tech firm’s revenues
Lowe’s Companies (LOW): A few points to note about the Q3 2024 performance
Shares of Lowe’s Companies, Inc. (NYSE: LOW) rose over 1% on Wednesday. The stock has gained 8% over the past three months. The company delivered better-than-expected earnings results for the
