Under Armour Reports Third Quarter 2021 Results; Raises Full Year Outlook

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Under Armour Inc (UAA) Stock Soars 14% Following Handy Beat-and-Raise, Analysts Bulled-Up

November 2, 2021 9:24 AM EDT

Shares of Under Armour (NYSE: UAA) are up over 13.5% in pre-open Tuesday after the retailer reported extremely strong Q3 results and guidance.

Under Armour reported Q3 EPS of $0.31 to smash the analyst estimate of $0.15. Revenue for the quarter came in at $1.5 billion versus the consensus estimate of $1.48 billion.

"Our third-quarter results were driven by strong demand for the Under Armour brand and our ability to execute quickly to meet the needs of our consumers and customers. With industry-leading innovations, increased marketing efforts to deepen our connection with Focused Performers, and consistent... More

Under Armour (UA) (UAA) Tops Q3 EPS by 16c, Raises Guidance

November 2, 2021 6:57 AM EDT

(Updated - November 2, 2021 6:58 AM EDT)

Under Armour (NYSE: UA) reported Q3 EPS of $0.31, $0.16 better than the analyst estimate of $0.15. Revenue for the quarter came in at $1.5 billion versus the consensus estimate of $1.48 billion.

GUIDANCE:

Under Armour sees FY2021 EPS of $0.74, versus the consensus of... More