Under Armour Reports Third Quarter 2020 Results; Provides Outlook For 2020

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Under Armour Inc (UAA) Tops Q3 EPS by 23c, Offers FY Guidance

October 30, 2020 6:58 AM EDT

Under Armour Inc (NYSE: UAA) reported Q3 EPS of $0.26, $0.23 better than the analyst estimate of $0.03. Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.16 billion.

GUIDANCE:

Under Armour Inc sees FY2020 EPS of ($0.47)-($0.49), versus the consensus of ($0.72).

Revenue is expected to be down at a high-teen percentage rate compared to 2019 results, reflecting a low twenties percentage rate decline in North America... More