Nike (NKE) Q2 Sales to Rise at Low-Single Digit Percentage, Gross Margin to Narrow at Same Rate as Q1 - Bloomberg, Citing Call

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Nike (NKE) PT Raised to $62 at Nomura/Instinet on 1Q Report; 'S-T Pressures are Clear, L-T Advantages Remain'

September 27, 2017 9:06 AM EDT

Nomura/Instinet raised its price target on Nike (NYSE: NKE) to $62.00 (from $59.00) while maintaining a Buy rating, following the company's first quarter earnings report.

Analyst Simeon Siegel notes the company delivered first quarter earnings per share results above consensus projections, while revenues... More

Nike (NKE) Tops Q1 EPS by 9c

September 26, 2017 4:15 PM EDT

Nike (NYSE: NKE) reported Q1 EPS of $0.57, $0.09 better than the analyst estimate of $0.48. Revenue for the quarter came in at $9.1 billion versus the consensus estimate of $9.09 billion.

This quarter, we captured near-term opportunities through our new Consumer Direct Offense, said Mark Parker, Chairman,... More