Nike Q2 EPS $0.53 Beats $0.38 Estimate, Sales $12.427B Beat $12.220B Estimate

Nike (NYSE:NKE) reported quarterly earnings of $0.53 per share which beat the analyst consensus estimate of $0.38 by 40.96 percent. This is a 32.05 percent decrease over earnings of $0.78 per share from the same period last year. The company reported quarterly sales of $12.427 billion which beat the analyst consensus estimate of $12.220 billion by 1.70 percent. This is a 0.59 percent increase over sales of $12.354 billion the same period last year.