Gametime Closes On $13.3M VC Funding Tribune Media Bullish On MLB Ratings Morgan Stanley Offers Loans To NFL Draftees CBS Quarterly Profits Up, But Revenue Down Puma's Profits Fall 30% In Q1 Disney's Q2 Income Up Despite ESPN Costs Adidas' Net Profits Rise In Q1 Stats LLC Acquires U.K.-Based Prozone Aussie Social Media Company Buys Into BigTeams Callaway Profits Beat Q1 Expectations
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REEBOK EARNINGS RISE ABOVE ANALYSTS' EXPECTATIONS
Published October 17, 1997
Reebok's third quarter earnings rose 9% to $55.1M, up from $50.6M a year ago, according to the WALL STREET JOURNAL. Reebok's earnings were $0.94 a share, up from $0.75 a share in the year-earlier period, and higher than analysts' estimates of $0.92 a share (WALL STREET JOURNAL, 10/17). Reebok said 3Q profit rose on sales of 3D UltraLite Electrolyte and DMX running shoes (WASHINGTON POST, 10/17).