Under Armour, Inc. (UAA) Expected to Announce Earnings of $0.19 Per Share

Brokerages predict that Under Armour, Inc. (NYSE:UAA) will post earnings of $0.19 per share for the current fiscal quarter, Zacks Investment Research reports. Fifteen analysts have made estimates for Under Armour’s earnings, with the highest EPS estimate coming in at $0.27 and the lowest estimate coming in at $0.13. Under Armour posted earnings per share of $0.29 during the same quarter last year, which would indicate a negative year-over-year growth rate of 34.5%. The business is expected to issue its next earnings report before the market opens on Tuesday, October 31st.

On average, analysts expect that Under Armour will report full-year earnings of $0.37 per share for the current year, with EPS estimates ranging from $0.34 to $0.40. For the next fiscal year, analysts anticipate that the firm will post earnings of $0.42 per share, with EPS estimates ranging from $0.21 to $0.58. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that follow Under Armour.

Under Armour (NYSE:UAA) last announced its earnings results on Tuesday, August 1st. The company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.06) by $0.03. Under Armour had a return on equity of 10.93% and a net margin of 4.38%. The business had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.08 billion. Under Armour’s quarterly revenue was up 8.7% on a year-over-year basis.

Several research analysts have weighed in on UAA shares. Zacks Investment Research upgraded Under Armour from a “hold” rating to a “buy” rating and set a $24.00 target price on the stock in a report on Tuesday, July 4th. OTR Global reiterated a “negative” rating on shares of Under Armour in a report on Tuesday, July 18th. Credit Suisse Group reiterated an “underperform” rating and set a $17.00 target price on shares of Under Armour in a report on Wednesday, August 2nd. Raymond James Financial, Inc. reiterated an “underperform” rating on shares of Under Armour in a report on Friday, July 7th. Finally, Wedbush reiterated a “neutral” rating and set a $17.00 target price on shares of Under Armour in a report on Tuesday, October 3rd. Fourteen analysts have rated the stock with a sell rating, twenty-two have assigned a hold rating and five have given a buy rating to the stock. Under Armour has an average rating of “Hold” and a consensus target price of $19.68.

TRADEMARK VIOLATION WARNING: “Under Armour, Inc. (UAA) Expected to Announce Earnings of $0.19 Per Share” was first published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this piece of content on another publication, it was stolen and reposted in violation of U.S. & international copyright law. The original version of this piece of content can be accessed at https://ledgergazette.com/2017/10/17/under-armour-inc-uaa-expected-to-announce-earnings-of-0-19-per-share.html.

Shares of Under Armour (NYSE:UAA) traded up 1.17% during midday trading on Friday, hitting $16.44. The stock had a trading volume of 718,011 shares. The firm has a market capitalization of $7.25 billion, a PE ratio of 33.28 and a beta of -0.02. The firm’s 50-day moving average price is $16.82 and its 200-day moving average price is $19.16. Under Armour has a one year low of $15.92 and a one year high of $39.20.

Several institutional investors have recently bought and sold shares of the company. Baillie Gifford & Co. acquired a new position in shares of Under Armour in the second quarter valued at approximately $532,573,000. Vanguard Group Inc. acquired a new stake in Under Armour during the second quarter worth approximately $393,172,000. BlackRock Inc. acquired a new stake in Under Armour during the second quarter worth approximately $238,861,000. State Street Corp acquired a new stake in Under Armour during the second quarter worth approximately $157,325,000. Finally, Bamco Inc. NY acquired a new stake in Under Armour during the second quarter worth approximately $151,334,000. 30.45% of the stock is currently owned by institutional investors.

About Under Armour

Under Armour, Inc is engaged in the development, marketing and distribution of branded performance apparel, footwear and accessories for men, women and youth. The Company’s segments include North America, consisting of the United States and Canada; Europe, the Middle East and Africa (EMEA); Asia-Pacific; Latin America, and Connected Fitness.

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On average, analysts expect that Under Armour will report full-year earnings of $0.37 per share for the current year, with EPS estimates ranging from $0.34 to $0.40. For the next fiscal year, analysts anticipate that the firm will post earnings of $0.42 per share, with EPS estimates ranging from $0.21 to $0.58. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that follow Under Armour.

Under Armour (NYSE:UAA) last announced its earnings results on Tuesday, August 1st. The company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.06) by $0.03. Under Armour had a return on equity of 10.93% and a net margin of 4.38%. The business had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.08 billion. Under Armour’s quarterly revenue was up 8.7% on a year-over-year basis.

Several research analysts have weighed in on UAA shares. Zacks Investment Research upgraded Under Armour from a “hold” rating to a “buy” rating and set a $24.00 target price on the stock in a report on Tuesday, July 4th. OTR Global reiterated a “negative” rating on shares of Under Armour in a report on Tuesday, July 18th. Credit Suisse Group reiterated an “underperform” rating and set a $17.00 target price on shares of Under Armour in a report on Wednesday, August 2nd. Raymond James Financial, Inc. reiterated an “underperform” rating on shares of Under Armour in a report on Friday, July 7th. Finally, Wedbush reiterated a “neutral” rating and set a $17.00 target price on shares of Under Armour in a report on Tuesday, October 3rd. Fourteen analysts have rated the stock with a sell rating, twenty-two have assigned a hold rating and five have given a buy rating to the stock. Under Armour has an average rating of “Hold” and a consensus target price of $19.68.

TRADEMARK VIOLATION WARNING: “Under Armour, Inc. (UAA) Expected to Announce Earnings of $0.19 Per Share” was first published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this piece of content on another publication, it was stolen and reposted in violation of U.S. & international copyright law. The original version of this piece of content can be accessed at https://ledgergazette.com/2017/10/17/under-armour-inc-uaa-expected-to-announce-earnings-of-0-19-per-share.html.

Shares of Under Armour (NYSE:UAA) traded up 1.17% during midday trading on Friday, hitting $16.44. The stock had a trading volume of 718,011 shares. The firm has a market capitalization of $7.25 billion, a PE ratio of 33.28 and a beta of -0.02. The firm’s 50-day moving average price is $16.82 and its 200-day moving average price is $19.16. Under Armour has a one year low of $15.92 and a one year high of $39.20.

Several institutional investors have recently bought and sold shares of the company. Baillie Gifford & Co. acquired a new position in shares of Under Armour in the second quarter valued at approximately $532,573,000. Vanguard Group Inc. acquired a new stake in Under Armour during the second quarter worth approximately $393,172,000. BlackRock Inc. acquired a new stake in Under Armour during the second quarter worth approximately $238,861,000. State Street Corp acquired a new stake in Under Armour during the second quarter worth approximately $157,325,000. Finally, Bamco Inc. NY acquired a new stake in Under Armour during the second quarter worth approximately $151,334,000. 30.45% of the stock is currently owned by institutional investors.

About Under Armour

Under Armour, Inc is engaged in the development, marketing and distribution of branded performance apparel, footwear and accessories for men, women and youth. The Company’s segments include North America, consisting of the United States and Canada; Europe, the Middle East and Africa (EMEA); Asia-Pacific; Latin America, and Connected Fitness.

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Earnings History and Estimates for Under Armour (NYSE:UAA)

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