08.11.2023 13:00:24

Under Armour Inc. Reports Climb In Q2 Profit, Beats estimates

(RTTNews) - Under Armour Inc. (UAA) released earnings for its second quarter that increased from the same period last year and beat the Street estimates.

The company's bottom line came in at $109.61 million, or $0.24 per share. This compares with $86.93 million, or $0.19 per share, in last year's second quarter.

Analysts on average had expected the company to earn $0.21 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Revenue held steady at $1.57 billion

Under Armour Inc. earnings at a glance (GAAP) :

-Earnings (Q2): $109.61 Mln. vs. $86.93 Mln. last year. -EPS (Q2): $0.24 vs. $0.19 last year. -Analyst Estimate: $0.21 -Revenue (Q2): $1.57 Bln vs. $1.57 Bln last year.

-Guidance: Full year EPS guidance: $0.47 - $0.51

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