Under Armour Inc (NYSE: UAA) reported Q2 EPS of $0.24, $0.19 better than the analyst estimate of $0.05. Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.21 billion.

"We are very pleased with Under Armour's better than expected second-quarter results, which reflect solid progress compared to both 2020 and 2019. Given the continued momentum, we\'re raising our full-year outlook, which puts us on track to achieving a solid performance in 2021," said Under Armour President and CEO Patrik Frisk. "With the critical mass of our transformation behind us and the continued improvements across product, marketing, and our financial results, I believe this year sets a robust foundation that positions us well for our next chapter of profitable growth."

Frisk concluded, "At the halfway point of our fiscal year, I\'m confident in our ability to execute our strategy by putting Focused Performers at the center of everything we do and increasing our capacity to drive consistent, profitable growth for our shareholders over the long-term."

GUIDANCE:

Under Armour Inc sees FY2021 EPS of $0.50-$0.52, versus the consensus of $0.34.

For earnings history and earnings-related data on Under Armour Inc (UAA) click here.