Core Insights - Under Armour reported quarterly earnings of $0.08 per share, exceeding the Zacks Consensus Estimate of $0.03 per share, but down from $0.19 per share a year ago, representing an earnings surprise of 166.67% [1] - The company achieved revenues of $1.4 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 4.73%, although this is a decrease from $1.49 billion in the same quarter last year [2] - Under Armour has consistently surpassed consensus EPS and revenue estimates over the last four quarters [2] Earnings Outlook - The sustainability of Under Armour's stock price movement will largely depend on management's commentary during the earnings call [3] - The current consensus EPS estimate for the upcoming quarter is -$0.07 on revenues of $1.17 billion, and for the current fiscal year, it is $0.27 on revenues of $5.09 billion [7] Industry Context - The Textile - Apparel industry, to which Under Armour belongs, is currently ranked in the top 32% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
Under Armour (UAA) Q3 Earnings and Revenues Beat Estimates