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Nike Inc. (NYSE: NKE) reported its Q3 2016 earnings yesterday (Tuesday), and the results disappointed investors. Nike beat expectations in earnings per share (EPS) by reporting $0.55, but it missed on revenue expectations by reporting $8.03 billion. Wall Street had expected Nike to report $0.45 on $8.2 billion in revenue. NKE is down over 5% in pre-market activity today (Wednesday).