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.

You May Also Be Interested In

• ​Trump said he was unaware of his earnings from crypto
• Nike (NKE) PT Lowered to $45 at Stifel, 'turnaround is taking longer than expected'
• AI chip winners may face tougher road ahead as hyperscalers catch up: JPM