Under Armour Shares Jump After Upbeat Q4 Earnings

12 Feb 2019

Under Armour Shares Jump After Upbeat Q4 Earnings

Under Armour shares jumped in premarket trade on Tuesday, after the company reported fourth-quarter earnings and revenue that beat expectations.

The sports apparel firm reported earnings per share of $0.05, beating expectations for earnings of $0.04 per share.

Revenue totaled $1.39 billion, just above forecasts of $1.38 billion.

North American revenue fell 6% to $965 million, though international revenues grew 24% to $395 million.

Apparel revenue increased 2% to $970 million, thanks to growth in sales in training.

Footwear revenue decreased 4% to $235 million and accessories revenue decreased 6% to $116, driven by declines in outdoor and training sales. Under Armour A follows other major Consumer Cyclical sector earnings this month

On February 6, Toyota Motor ADR reported third quarter EPS of $1.14 on revenue of $71.04B, compared to forecasts of EPS of $3.32 on revenue of $68.23B.

Louis Vuitton ADR earnings matched analyst's expectations on January 29, with fourth quarter EPS of $1.56 on revenue of $15.65B. analysts expected EPS of $1.56 on revenue of $15.65B

Stay up-to-date on all of the upcoming earnings reports by visiting 's earnings calendar

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