Under Armour Q1 EPS $0.02 Beats $(0.02) Estimate, Sales $1.32B Beat $1.30B Estimate
Portfolio Pulse from Benzinga Newsdesk
Under Armour reported Q1 earnings of $0.02 per share, beating the analyst consensus estimate of $(0.02) by 200 percent. This is a 33.33 percent decrease from last year. The company also reported quarterly sales of $1.32 billion, beating the analyst consensus estimate of $1.30 billion by 1.31 percent, but a 2.37 percent decrease from last year.
August 08, 2023 | 10:57 am
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NEUTRAL IMPACT
Under Armour's Q1 earnings and sales beat estimates but decreased compared to last year.
While Under Armour beat estimates for Q1 earnings and sales, the decrease compared to last year's figures may concern investors. This mixed result makes the short term impact on the stock price uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100