Under Armour 2Q Earnings Pregame Scorecard
Under Armour (NYSE:UA) has beaten analyst's estimates in each of the last five quarters and will try to do so again on Tuesday, July 24, 2012.
Expectations
Analysts currently expect Under Armour to come in with earnings of 5 cents per share on revenues of $358.4 million. Analyst estimates range from 2 cents per share to 6 cents per share. Over the past three months, the average estimate has moved down from 6 cents.
Stock Movement
Recently, the stock price has been rising Since July 11, 2012 business days the stock has risen $3.97 per share.
Company Fundamental Trends
Stock Ratings
Analysts think investors should stand pat on Under Armour with 13 of 23 analysts rating it hold. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.
Last Quarter's Results
In the first quarter, profit rose 20.8% to $14.7 million (28 cents a share) from $12.1 million (23 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 22.9% to $384.4 million from $312.7 million.
Summary
Reporting Period: 2Q
Date of Release: Tuesday, July 24, 2012
EPS: 5 cents
Revenue Estimate: $358.4 million
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)