On Tuesday, February 11, Under Armour UA will release its latest earnings report. Check out Benzinga's preview to understand the implications.
Earnings and Revenue
Sell-side analysts expect Under Armour's EPS to be near 10 cents on sales of $1.47 billion.
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Under Armour EPS in the same period a year ago totaled 9 cents. Sales were $1.39 billion. The analyst consensus estimate would represent an 11.11% increase in the company's EPS figure. Sales would be up 5.76% from the year-ago period. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q3 2019 | Q2 2019 | Q1 2019 | Q4 2018 |
EPS Estimate | 0.180 | 0.000 | 0.06 | |
EPS Actual | 0.230 | -0.030 | 0.050 | 0.09 |
Stock Performance
Over the last 52-week period, shares are down 3.54%. Given that these returns are generally negative, long-term shareholders are probably down going into this earnings release. Over the past 90 days, analysts have adjusted their estimates higher for EPS and revenues. Analysts generally rate Under Armour stock as Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Don't be surprised to see the stock move on comments made during its conference call. Under Armour is scheduled to hold the call at 8:30 a.m. ET and can be accessed here: https://edge.media-server.com/mmc/p/po5s8qsv
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