Under Armour Inc reports results for the quarter ended March 31 - Earnings Summary

• Under Armour Inc UA.N reported quarterly adjusted earnings of 2 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 11 cents. The mean expectation of twelve analysts for the quarter was for earnings of 3 cents per share. Wall Street expected results to range from -11 cents to 3 cents per share.

• Revenue fell 4.2% to $1.13 billion from a year ago; analysts expected $1.13 billion.

• Under Armour Inc's reported EPS for the quarter was a loss of 16 cents​.

• The company reported a quarterly loss of $67.46 million.

• Under Armour Inc shares had fallen by 3.4% this quarter and lost 16.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 309% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the apparel & accessories peer group is "hold."

• Wall Street's median 12-month price target for Under Armour Inc is $10.00, about 37.3% above its last closing price of $6.27

This summary was machine generated from LSEG data August 8 at 01:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)