Nike’s Q4 2022 Revenue, Earnings Surpass Estimates
(Nike) Nike announced revenue of $12.23 billion in the fourth quarter of 2022, surpassing estimates of $12.06 billion. The revenue is down 1% from the prior year but 3% higher…
Nike Stock Jumps 5% as Earnings in Q3 2022 Top Estimates
(Nike) Shares of NIKE Inc. rose more than 5% on Tuesday in premarket after reporting a revenue jump of 5% in the third quarter of 2022 from the prior year…
Top 10 Blue Chip Stocks to Buy and Hold in 2022
Blue-chip stocks are companies that have a substantial market share in their industries and an overall stable business. They often have a slower growth rate than fast and upcoming companies,…
Nike Revenues Rise 1% in Q2 2022 to Beat Estimates
(Nike Inc.) Nike Inc. posted revenues of $11.36 billion in the second quarter of 2022, 1% above last year, beating the expected $11.25 billion. The company’s direct sales rose 9%…
Nike Posts Mixed Results, Downgrades Revenue Outlook
(Nike Inc) Nike Inc reported mixed financial results on Thursday, surpassing earnings-per-share estimates but slightly missing the analysts’ revenue expectations. The Oregon-based athletic apparel manufacturer posted $1.16 EPS on $12.2…
Nike Stock Price Forecast After the Strong Earnings Beat
The Nike stock price surged in extended hours on Thursday after the company published strong quarterly results. The shares closed at $133 on Thursday and then jumped by more than…
Nike will Pay 12% Higher Dividends Ahead of Sales Bounce
Nike announced on Friday it would raise its quarterly dividend by 12% or 3 cents per share, a rare reflection of financial strength in the middle of COVID-19 pandemic, according…