Nike Inc Bottom Line Advances In Q1

(RTTNews) - Nike Inc (NKE) announced earnings for its first quarter that increased from last year.

The company's bottom line came in at $1.09 billion, or $0.67 per share. This compares with $0.95 billion, or $0.57 per share, in last year's first quarter.

Analysts had expected the company to earn $0.63 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 9.7% to $9.95 billion from $9.07 billion last year.

Nike Inc earnings at a glance:

-Earnings (Q1): $1.09 Bln. vs. $0.95 Bln. last year. -EPS (Q1): $0.67 vs. $0.57 last year. -Analysts Estimate: $0.63 -Revenue (Q1): $9.95 Bln vs. $9.07 Bln last year.