Use Under Armour (UA) Weakness as a Buying Opportunity, Sterne Agee CRT Says; PT Raised to $95
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Piper Jaffray Defends Under Armour (UA) on Earnings Weakness
April 21, 2015 8:17 AM EDTPiper Jaffray analyst Erinn Murphy is out defending Under Armour, Inc. (NYSE: UA) with shares down over 3% on this morning's earnings.
Murphy commented, "We would be buyers of UA shares on weakness following the company's Q1 results in which sales and earnings bested expectations albeit with... More
Under Armour (UA) Tops Q1 EPS by 1c, Raises FY15 Revenue Guidance
April 21, 2015 7:03 AM EDTUnder Armour (NYSE: UA) reported Q1 EPS of $0.05, $0.01 better than the analyst estimate of $0.04. Revenue for the quarter came in at $804.9 million versus the consensus estimate of $802.11 million.
Under Armour sees FY2015 revenue of $3.78 billion, versus the consensus of $3.82 billion.
The Company had previously anticipated 2015 net revenues of approximately $3.76 billion, representing growth of 22% over 2014, and 2015 operating income in the range of $397 million to $407 million, representing growth of 12% to 15% over 2014. Based on current visibility, the Company expects 2015 net revenues of approximately $3.78 billion, representing... More
