Nike Posts Better Than Expected Q1 Earnings

Filed under: After the Bell, Major Movement, Earnings Reports, Forecasts, Good news, NIKE, Inc'B' (NKE)

Shares of athletic footwear and accessories giant Nike Inc. (NKE) are trading up nicely in after hours trading after the company posted better than expected results for its fiscal first quarter this afternoon following the market close.



Going into today's earnings report, analysts had been expecting to see the company post $1.01 per share, but Nike outpaced estimates with a reported $1.14 per share.

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Nike Posts Better Than Expected Q1 Earnings originally appeared on BloggingStocks on Thu, 23 Sep 2010 17:00:00 EST. Please see our terms for use of feeds.

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