Nike Crushes Earnings Estimates and Stock Pops 13%
Nike reported second quarter financial results after the market close on Tuesday that easily beat Wall Street expectations. Investors cheered the news, after last week’s…
earnings
Sportradar Shares Swell on U.S. Business Strength, Quarterly Earnings Beat
Sports data and analytics firm Sportradar reported third quarter financial results that beat Wall Street expectations, rallying shares up more than 25% in morning…
Genius Sports Beats Expectations in Q3 as U.S. Sales Triple
Genius Sports said its U.S. business tripled in its third quarter compared to 2021, as the sports data and analytics business beat Wall Street expectations on sales and
WWE Q2 Earnings Beat Expectations Amid McMahon Investigation
World Wrestling Entertainment Inc.’s (NYSE: WWE) performance under Vince McMahon’s last quarter as CEO and chairman of the board beat analyst expectations for revenue…
DraftKings Shares Jump on Revenue Beat, Revised Guidance
DraftKings shares jumped in trading on Friday after the company reported second quarter earnings that exceeded analyst estimates, including a revised projection of…
Nike Q4 Beats Analyst Expectations Despite Russia Exit, China Pressures
Shares for Nike, Inc. were up slightly in after-hours trading on Monday after the company beat expectations on earnings and revenue for its fiscal fourth…
Manchester United Loss Widens In Latest Quarter on Debt Financing
Another quarter of fans packing Old Trafford helped Manchester United boost revenue in its third quarter, but higher financing costs pushed the club to a larger net loss…
On Sees Shares Rise as Global Demand Spikes in First Quarter
Shares for On Holding AG were up 3% on Tuesday after the performance athletic brand reported growth in the first quarter of 2022 as demand continues to be strong…
Genius Sports Earnings Boosted by Second Spectrum, New Gambling States
Data and analytics specialist Genius Sports reported first quarter revenue that beat expectations, as its Second Spectrum subsidiary and sports betting powered the…
Netflix Mulls Ad-Supported Tier as Sports TV Execs Cheer
As Netflix shares continue to get hammered in the wake of the company’s first reported subscriber losses since 2011, investors looking to grab a piece of the streaming…
Strong Digital and DTC Gains Lead Nike to Q3 Beat
Nike Inc. reported results for the third quarter of 2022 that beat analysts’ expectations, despite ongoing challenges from the supply chain crisis. As Footwear News…
Nike Performance Impacting Earnings Results Across Sports
Earnings for the fourth quarter are in full swing — and one brand name has been dominating the results thus far: Nike. As reported in Footwear News, executives from Foot…
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