Under Armour (NYSE:UAA) Issues FY19 Earnings Guidance
Under Armour (NYSE:UAA) issued an update on its FY19 earnings guidance on Tuesday morning. The company provided EPS guidance of $0.33-0.34 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.35.
Shares of NYSE:UAA traded down $3.88 on Tuesday, reaching $23.56. 11,213,431 shares of the company traded hands, compared to its average volume of 3,119,704. The business has a 50-day simple moving average of $26.49. Under Armour has a 52 week low of $16.52 and a 52 week high of $27.72. The stock has a market capitalization of $12.29 billion, a PE ratio of 87.26, a P/E/G ratio of 2.87 and a beta of 0.47. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.02 and a quick ratio of 1.22.
Under Armour (NYSE:UAA) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.05 earnings per share (EPS) for the quarter. Under Armour had a return on equity of 7.17% and a net margin of 0.12%. The firm had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.18 billion. Under Armour’s revenue for the quarter was up 1.6% compared to the same quarter last year. On average, analysts expect that Under Armour will post 0.35 earnings per share for the current fiscal year.
Under Armour Company Profile
Under Armour, Inc, together with its subsidiaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. The company offers its apparel in compression, fitted, and loose types to be worn in hot and cold.
See Also: Why are gap-down stocks important?
Receive News & Ratings for Under Armour Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Under Armour and related companies with MarketBeat.com's FREE daily email newsletter.