Stifel Downgrades Under Armour, Inc. (UA) to Hold
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FBR Capital Sees Under Armour (UA) Sell-Off as Buying Opportunity
October 25, 2016 3:05 PM EDTFBR Capital analyst Susan Anderson reiterated an Outperform rating and $39 price target on Under Armour, Inc. (NYSE: UA) following Q3 results and the sell-off in the stock. The analyst said the lowered profit guidance provides a buying opportunity.
Anderson commented, "UA posted 3Q16 EPS of $0.29, above FBR/consensus of $0.26/$0.25, driven by +22% top-line growth, vs. FBR/consensus of... More
Under Armour (UA) Offers Q4, Medium-Term Guidance
October 25, 2016 8:26 AM EDTUnder 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... More
Under Armour (UA) Tops Q3 EPS by 4c; Reaffirms FY16 Outlook
October 25, 2016 7:01 AM EDTUnder Armour (NYSE: UA) reported Q3 EPS of $0.29, $0.04 better than the analyst estimate of $0.25. Revenue for the quarter came in at $1.47 billion versus the consensus estimate of $1.46 billion.
Gross margin for the third quarter of 2016 was 47.5% compared with 48.8% in the prior year's period,... More
