Earnings Alert: Nike (NKE), Stock Trading Lower In Post-Market Session
b'Nike (NKE) earnings report indicated $0.90 in EPS and $12.2B, beating the estimates. Even with the strong numbers, the NKE stock price is trading lower in the after-hours session. "This is a balanced report as the expectations are already low for Nike (NKE). There is a 3% decline in earnings. The NKE shares are down almost 33% year-to-date. They company has more inventory control," says George Tsilis.'