Nike Q2 EPS $0.83 Beats $0.63 Estimate, Sales $11.36B Beat $11.25B Estimate

Nike (NYSE:NKE) reported quarterly earnings of $0.83 per share which beat the analyst consensus estimate of $0.63 by 31.75 percent. This is a 6.41 percent increase over earnings of $0.78 per share from the same period last year. The company reported quarterly sales of $11.36 billion which beat the analyst consensus estimate of $11.25 billion by 0.95 percent. This is a 1.01 percent increase over sales of $11.24 billion the same period last year.