Nike Q1 EPS $0.48 Beats $0.44 Estimate, Sales $11.213B Miss $11.326B Estimate

Nike (NYSE:NKE) reported quarterly earnings of $0.48 per share which beat the analyst consensus estimate of $0.44 by 9.09 percent. This is a 2.04 percent decrease over earnings of $0.49 per share from the same period last year. The company reported quarterly sales of $11.213 billion which missed the analyst consensus estimate of $11.326 billion by 1.00 percent. This is a 4.33 percent decrease over sales of $11.720 billion the same period last year.