Loading...
Loading...
Under Armour, Inc. UA delivered higher than expected earnings and revenue for the third quarter. The company reiterated its revenue and operating income forecast for the year 2016.
- Reports EPS of $0.29, beats by $0.04.
- Net revenues increased 22 percent to $1.47 billion, topped by $0.02 billion.
- Direct-to-Consumer net revenues advanced 29 percent on a year-over-year basis.
- Continues to expect net revenues of about $4.925 billion for the year 2016. Street expects $4.94 billion.
- Maintains operating income guidance of $440-$445 million.
The company's full press release http://investor.underarmour.com/releasedetail.cfm?ReleaseID=995196
Following this, the stock fell about 3 percent in pre-market trading on Tuesday. however, it recovered and traded recently at $38.25, up about 1 percent.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in