Core Insights - Under Armour (UAA) has a strong history of exceeding earnings estimates and is well-positioned for continued success in upcoming quarterly reports [1][2] - The company has achieved an average earnings surprise of 112.28% over the past two quarters, indicating robust performance [2] Earnings Performance - In the most recent quarter, Under Armour reported earnings of $0.08 per share, surpassing the expected $0.03 per share, resulting in a surprise of 166.67% [3] - For the previous quarter, the consensus estimate was $0.19 per share, while the actual earnings were $0.30 per share, leading to a surprise of 57.89% [3] Earnings Estimates and Predictions - Recent estimates for Under Armour have been revised upwards, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating potential for another earnings beat [6][9] - The current Earnings ESP for Under Armour is +20.75%, suggesting analysts are optimistic about the company's earnings prospects [9] Zacks Rank and Success Rate - Under Armour holds a Zacks Rank of 2 (Buy), which, combined with a positive Earnings ESP, suggests a high likelihood of beating earnings estimates [9] - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% success rate in exceeding consensus estimates [7]
Will Under Armour (UAA) Beat Estimates Again in Its Next Earnings Report?