Recently, Nike announced its financial report for the fourth quarter and full year of fiscal year 2021. The financial report shows that the company's revenue in the fourth fiscal quarter increased by 96% year-on-year to US $12.3 billion, compared with market expectations of US $11.01 billion and US $6.313 billion in the same period last year; Net profit was US $1.509 billion, compared with expectations of US $819 million, compared with a loss of US $790 million in the same period last year; Earnings per share were US $0.93, market expectations for earnings per share of US $0.51, and losses per share of US $0.51 in the same period last year, both exceeding market expectations. After the financial report was announced, a number of investment banks raised their target prices for the company. Baird Analyst...
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A number of investment banks raised Nike's target price, reaching a maximum of $192
智通财经2021-06-26
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