Under Armour Inc (NYSE:UAA) issued an update on its fourth quarter earnings guidance on Tuesday morning. The company provided earnings per share guidance of $0.18-0.21 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.21.

Under Armour Inc (NYSE UAA) traded down 17.154% during midday trading on Tuesday, hitting $13.595. The stock had a trading volume of 17,154,004 shares. The stock’s 50-day moving average is $16.72 and its 200-day moving average is $18.91. The stock has a market capitalization of $6.00 billion, a PE ratio of 27.520 and a beta of -0.02. Under Armour Inc has a 1-year low of $13.55 and a 1-year high of $33.45.

Under Armour (NYSE:UAA) last posted its quarterly earnings data on Tuesday, October 31st. The company reported $0.22 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.19 by $0.03. Under Armour had a negative return on equity of 2.44% and a negative net margin of 1.13%. The business had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.49 billion. The company’s quarterly revenue was down 4.5% on a year-over-year basis. On average, equities research analysts anticipate that Under Armour Inc will post $0.37 EPS for the current fiscal year.

UAA has been the topic of a number of recent research reports. Zacks Investment Research raised Under Armour from a hold rating to a buy rating and set a $24.00 price target on the stock in a research report on Tuesday, July 4th. Vetr raised Under Armour from a hold rating to a buy rating and set a $22.36 price target on the stock in a research report on Monday, July 3rd. Susquehanna Bancshares Inc upped their price target on Under Armour from $14.00 to $17.00 in a research report on Friday, July 7th. Raymond James Financial, Inc. reaffirmed an underperform rating on shares of Under Armour in a research report on Friday, July 7th. Finally, OTR Global reaffirmed a negative rating on shares of Under Armour in a research report on Tuesday, July 18th. Fifteen equities research analysts have rated the stock with a sell rating, twenty have issued a hold rating and five have assigned a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of $19.38.

ILLEGAL ACTIVITY WARNING: “Under Armour Inc (UAA) Updates Q4 Earnings Guidance” was originally posted by TheOlympiaReport and is the property of of TheOlympiaReport. If you are reading this article on another publication, it was illegally copied and republished in violation of United States & international trademark and copyright law. The legal version of this article can be read at https://theolympiareport.com/2017/10/31/under-armour-inc-uaa-updates-q4-earnings-guidance.html.

Under Armour Company Profile

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.

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

Receive News & Ratings for Under Armour Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Under Armour Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.