Nike Inc. (NYSE:NKE) Surpasses Earnings Expectatio…
From Financial Modeling Prep: 2024-12-19 17:00:03
Nike Inc. (NYSE:NKE) reported an EPS of $0.78, beating estimates of $0.65, along with revenue of $12.35 billion, surpassing the expected $12.11 billion. The company’s financial health is robust, with a current ratio of 2.36 and a debt-to-equity ratio of 0.65, signaling strong performance and moderate debt levels. CEO Elliott Hill’s proactive approach contributed to the positive results and share price rally.
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