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Investing.com – Nike (NYSE:) reported on Monday second quarter that beat analysts’ forecasts and income that topped expectations.
Nike introduced earnings per share of $0.83 on income of $11.36B. Analysts polled by Investing.com anticipated EPS of $0.6308 on income of $11.25B.
Nike shares are up 11% from the start of the yr and are buying and selling at $158.56 , down-from-52-week-high.They’re under-performing the S&P 500 which is up 21.6% yr to this point.
Nike shares gained 0.93% in after-hours commerce the report.
Nike follows different main Client Discretionary sector earnings this month
Nike’s report follows an earnings missed by Rivian Automotive on Thursday, who reported EPS of $-7.68 on income of $1M, in comparison with forecasts EPS of $-1.33 on income of $926.41K.
Pinduoduo had beat expectations on Friday, November 26, 2021 with third quarter EPS of $0.29 on income of $21.51B, in comparison with forecast for EPS of $-0.4634 on income of $25.83B.
Keep up-to-date on all the upcoming earnings reviews by visiting Investing.com’s earnings calendar
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