=NIKE (NKE) reported earnings on Tue 22 Dec 2015 (a/h)

NIKE beats by $0.04, misses on revs; futures orders +20% in costant currency, above estimates :

• Reports Q2 (Nov) earnings of $0.90 per share, $0.04 better than the Capital IQ Consensus of $0.86; revenues rose 4.1% year/year to $7.69 bln vs the $7.81 bln Capital IQ Consensus. 
• Revenues for the NIKE Brand were $7.3 billion, up 13 percent on a currency neutral basis, driven by double-digit growth in every geography and most key categories.
• Revenues for Converse were $398 million, down 5 percent on a currency neutral basis, as strong growth in North America was more than offset by a decline in Europe. CHina rev +24%, NA +9%

Nike (NKE) beat earnings estimates on below-consensus revenue and its stock surged to a fresh all-time high at the open, but that was followed by daylong selling that left the Dow component lower by 2.4% when the closing bell rang.



Note on 12/24/15:

NIKE post-split reminder: Shares to begin trading post 2:1 split this morning :

• Co announced on November 19 a forward 2:1 stock split
  • Approved a two-for-one split of both NIKE's Class A and Class B Common shares. The split will be in the form of a 100% stock dividend payable on Dec 23, 2015 to shareholders of record at the close Dec 9, 2015.
• The close last night was $128.71, shares are indicated near $64.45 in premarket action