Nike (NKE) Misses Q4 EPS by 4c

Nike (NYSE: NKE) reported Q4 EPS of $0.62, $0.04 worse than the analyst estimate of $0.66. Revenue for the quarter came in at $10.2 billion versus the consensus estimate of $10.16 billion.

“Reflecting on our FY19 performance, it is clear that growth is paramount at NIKE, and that our strong growth is being driven by strategic transformation,” said Andy Campion, Executive Vice President and CFO, NIKE, Inc. “Amid foreign exchange volatility, our double-digit currency-neutral revenue growth and expanding ROIC showcase NIKE’s unrivaled ability to create extraordinary value for consumers and shareholders over the long term.”**

For earnings history and earnings-related data on Nike (NKE) click here.

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