BEAVERTON, Ore. (AP) — BEAVERTON, Ore. (AP) — Nike Inc. (NKE) on Thursday reported fiscal third-quarter earnings of $794 million.
The Beaverton, Oregon-based company said it had profit of 54 cents per share.
The results exceeded Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of 28 cents per share.
The athletic apparel maker posted revenue of $11.27 billion in the period, which also topped Street forecasts. Twelve analysts surveyed by Zacks expected $11.03 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NKE at https://www.zacks.com/ap/NKE
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