Nike (NKE) Tops Q4 EPS by 43c
Nike (NYSE: NKE) reported Q4 EPS of $0.93, $0.43 better than the analyst estimate of $0.50. Revenue for the quarter came in at $12.3 billion versus the consensus estimate of $11.09 billion.
- Fourth quarter reported revenues were $12.3 billion, up 96 percent compared to prior year and increasing 21 percent compared to the fourth quarter of 2019.
- Full year reported revenues increased 19 percent to $44.5 billion.
- NIKE Direct fourth quarter sales increased 73 percent to $4.5 billion.
- Gross margin for the fourth quarter increased 850 basis points to 45.8 percent.
- Diluted earnings per share for the fourth quarter was $0.93 and for the full year was $3.56.
For earnings history and earnings-related data on Nike (NKE) click here.