Under Armour, Inc. (NYSE:UA) developer of apparel and footwear and accessories, is reporting third quarter earnings results on Friday 30th October 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.05 per share.
For the full year, analysts predict revenues of $ 3883.70 million, while looking forward to loss of $ 0.73 per share.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 0.10 ~ $ 0.13 per share
Click Here For More Historical Outlooks Of Under Armour, Inc.
Previous Quarter Performance
Under Armour, Inc. revealed loss for the second quarter of $ 0.31 per share, from the revenue of $ 707.64 million. The quarterly revenues shrunk 40.62 percent compared with the same quarter last year. Wall street analysts are predicting, UA to report 2Q20 loss of $ 0.41 per share from revenue of $ 558.52 million. The bottom line results beat street analysts by $ 0.1 or 24.39 percent, at the same time, top line results outshined analysts by $ 149.12 million or 26.70 percent.
Stock Performance
Shares of Under Armour, Inc. traded up $ 0.38 or 3.26 percent on Thursday, reaching $ 12.04 with volume of 5.74 million shares. Under Armour, Inc. has traded high as $ 12.25 and has cracked $ 11.52 on the downward trend
According to the previous trading day, closing price of $ 12.04, representing a 83.05 % increase from the 52 week low of $ 6.37 and a 40.66 % decrease over the 52 week high of $ 19.65.
The company has a market capital of $ 5.85 billion and is part of the Consumer Cyclical sector and Apparel Manufacturing industry.
Conference Call
Under Armour, Inc. will be hosting a conference call at 6:55 AM eastern time on 30th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.underarmour.com
Under Armour, Inc., together with its subsidiaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. The company offers its apparel in compression, fitted, and loose types to be worn in hot and cold. It also provides various footwear products, including running, basketball, cleated, slides and performance training, sportstyle, and outdoor footwear.
