09.05.2023 13:14:24
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Under Armour Turns To Profit In Q4
(RTTNews) - Under Armour, Inc. (UA, UAA) reported fourth-quarter net income of $170.5 million or $0.38 per share compared to a loss of $59.6 million or $0.13 per share, previous year. Adjusted net income was $84 million or $0.18 per share, for the quarter. On average, 23 analysts polled by Thomson Reuters expected the company to report profit per share of $0.15, for the quarter. Analysts' estimates typically exclude special items.
Fourth quarter revenue was up 8 percent to $1.4 billion. Revenue increased 10 percent currency neutral. Analysts on average had estimated $1.36 billion in revenue. Wholesale revenue increased 10 percent to $909 million.
For fiscal 2024, the company expects earnings per share to be between $0.47 and $0.51. Revenue is expected to be flat to up slightly.
Cash and cash equivalents were $712 million at the end of the quarter.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.

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Analysen zu Under Armour Inc.mehr Analysen
07.02.25 | Under Armour Underweight | JP Morgan Chase & Co. | |
07.02.25 | Under Armour Buy | UBS AG | |
28.01.25 | Under Armour Buy | UBS AG | |
17.12.24 | Under Armour Buy | UBS AG | |
13.12.24 | Under Armour Underweight | JP Morgan Chase & Co. |
Aktien in diesem Artikel
Under Armour Inc. | 5,85 | -1,81% |
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Under Armour Inc When Issued | 5,51 | -1,96% |
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