Under Armour, Inc. (NYSE:UAA) released its quarterly earnings results on Tuesday. The company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.19 by $0.03, Bloomberg Earnings reports. The business had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.49 billion. Under Armour had a net margin of 4.38% and a return on equity of 10.93%. The company’s quarterly revenue was down 4.5% compared to the same quarter last year. Under Armour updated its Q4 guidance to $0.18-0.21 EPS.

Shares of Under Armour (UAA) opened at 12.52 on Wednesday. The firm has a market capitalization of $5.52 billion, a price-to-earnings ratio of 25.34 and a beta of -0.02. The stock has a 50 day moving average price of $16.59 and a 200-day moving average price of $18.86. Under Armour has a 52 week low of $12.48 and a 52 week high of $33.45.

A number of brokerages recently issued reports on UAA. SunTrust Banks, Inc. lowered shares of Under Armour from a “buy” rating to a “hold” rating in a research report on Wednesday. Canaccord Genuity lowered shares of Under Armour from a “hold” rating to a “sell” rating in a research report on Wednesday. Citigroup Inc. decreased their target price on shares of Under Armour to $14.00 and set a “neutral” rating for the company in a research report on Wednesday. Telsey Advisory Group decreased their target price on shares of Under Armour from $18.00 to $12.00 and set a “market perform” rating for the company in a research report on Wednesday. Finally, J P Morgan Chase & Co lowered shares of Under Armour from a “neutral” rating to an “underweight” rating in a research report on Tuesday. Seventeen equities research analysts have rated the stock with a sell rating, twenty-one have issued a hold rating and four have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $18.59.

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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 for Under Armour (NYSE:UAA)

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