BEAVERTON, Ore. (AP) _ Nike Inc. (NKE) on Monday reported fiscal third-quarter profit of $1.4 billion.

On a per-share basis, the Beaverton, Oregon-based company said it had net income of 87 cents.

The results beat Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 73 cents per share.

The athletic apparel maker posted revenue of $10.87 billion in the period, also beating Street forecasts. Eleven analysts surveyed by Zacks expected $10.6 billion.

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