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Will Nike Beat Analysts’ Earnings Expectations Yet Again?

Sharon Bailey
Will Nike Beat Analysts’ Earnings Expectations Yet Again?

Nike's (NKE) earnings have exceeded analysts’ expectations for 27 consecutive quarters. The company’s adjusted EPS of $0.68 were flat on a year-over-year basis in the third quarter of fiscal 2019, which ended on February 28. However, the company’s third-quarter adjusted EPS exceeded analysts’ forecast by three cents.