Stifel Nicolaus Upgrades Under Armour, Inc. (UA) to Buy
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Buy Under Armour (UA) on Sell-Off, Sterne Agee Says
April 24, 2014 1:17 PM EDTUnder Armour, Inc. (NYSE: UA) is getting walloped to the tune of 5.5% despite seemingly strong Q1 results. Sterne Agee analyst Sam Poser believes this was related to guidance, which he views as "conservative." He is telling clients that today's sell-off crates a buying... More
Under Armour (UA) Tops Q1 EPS by 2c; Raises FY Revenue Outlook
April 24, 2014 7:10 AM EDTUnder Armour (NYSE: UA) reported Q1 EPS of $0.06, $0.02 better than the analyst estimate of $0.04. Revenue for the quarter came in at $642 million versus the consensus estimate of $598.78 million.
Under Armour sees FY2014 revenue of $2.88-2.91 billion, versus the consensus of $2.89 billion, representing growth of 24% to 25% over 2013, and 2014 operating income in the range of $331 million to $334 million, representing growth of 25% to 26% over 2013.
Kevin Plank, Chairman and CEO of Under Armour, Inc.,... More
