Portland Business - Nike roars past Wall Street estimates - Nike - TopicsExpress

Portland Business - Nike roars past Wall Street estimates - Nike Inc. stock rocketed up Thursday after the company released earnings well ahead of Wall Street expectations. Stock analysts expected earnings of $0.78 per share. The Washington County footwear and apparel giant reported earnings of $0.86 per share. Nike (NYSE: NKE) shares were up 6 percent to about $75 in after-hours trading. "We had a great first quarter driven by our unrelenting commitment to delivering... ow.ly/2Ae8RQ

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