Business & Investment

Nike, FedEx, Bank of America, etc.

The Nike logo will be seen at the Nike Store in New York City on February 22, 2021.

John Smith | Corbis News | Getty Images

Check out the companies that make the headlines after the bell:

Nike —Thursday’s extended deal saw the shoe giant’s share price skyrocket by about 5% following higher-than-expected quarterly results. Nike reported revenue of 93 cents per share, 42 cents above Refinitiv’s estimate. Revenue was $ 12.34 billion, more than an estimated $ 11.10 billion. Digital sales increased 41% from last year and 147% from two years ago.

FedEx — Despite surpassing the top and bottom lines of quarterly results, shipping company stocks fell 4% after business hours. FedEx reported a return of $ 5.01 per share for a return of $ 22.57 billion. According to Refinitiv, analysts expected earnings per share of $ 4.99 for $ 21.51 billion in earnings.

Bank of America, Goldman Sachs, Wells Fargo, JP Morgan — Stocks of major US banks Federal Reserve Announced that a bank will be formed Easily withstand a severe recession.. When the Federal Reserve Board of Governors publishes the results of its annual stress tests, all 23 institutions in the 2021 exam “much above the minimum required capital level during a virtual recession. I have. ” Bank of America and Wells Fargo each rose about 1%.

Nike, FedEx, Bank of America, etc. Nike, FedEx, Bank of America, etc.

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