Form 8-K NIKE, Inc. For: Sep 29

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Go back to Form 8-K NIKE, Inc. For: Sep 29

Nike (NKE) PT Lowered to $114 at Cowen

September 30, 2022 8:28 AM EDT

Cowen analyst John Kernan lowered the price target on Nike (NYSE: NKE) to $114.00 (from $127.00) while maintaining a Outperform rating following earnings.

The analyst commented, "Nike is showing strength from a top-line perspective, and we think China could return to growth by Q2, but... More

Nike (NKE) Tops Q1 EPS by 1c, Revenue Beats

September 29, 2022 4:14 PM EDT

Nike (NYSE: NKE) reported Q1 EPS of $0.93, $0.01 better than the analyst estimate of $0.92. Revenue for the quarter came in at $12.7 billion versus the consensus estimate of $12.29 billion.

First quarter reported revenues were $12.7 billion, up 4 percent compared to the prior year and up 10... More