Under Armour (UA) Offers Q4, Medium-Term Guidance
Get Alerts UA Hot Sheet
Price: $6.48 -1.97%
Revenue Growth %: -5.0%
Financial Fact:
Net revenues: 1.47B
Today's EPS Names:
FRSB, DGICA, UXIN, More
Revenue Growth %: -5.0%
Financial Fact:
Net revenues: 1.47B
Today's EPS Names:
FRSB, DGICA, UXIN, More
Join SI Premium – FREE
Under Armour (NYSE: UA) sees Q4 revenue up about 20 percent, gross margin relatively unchanged, and operating income in the range of $186 - $191 million. Revenue is expected to be up 20 percent, versus consensus expectations of 22 percent growth.
The company is targeting revenue growth consistently in the low-20 percent rage for FY17/FY18. Operating income is expected to be up in the mid-teens range over the next two years.
The company says it is on track to achieve revenue of $7.5 billion in FY18.
Comments were made on the company's quarterly conference call this morning.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Gilead Sciences (GILD) Misses Q1 EPS by 288c
- Skechers USA (SKX) Tops Q1 EPS by 23c, Beats on Revenue; Offers FY24 Guidance
- PTC Therapeutics (PTCT) Tops Q1 EPS by 9c, provides guidance
Create E-mail Alert Related Categories
Corporate News, Guidance, Hot Corp. News, Hot GuidanceRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!