Core Viewpoint - Analysts forecast a significant decline in Under Armour's quarterly earnings and revenues, indicating ongoing challenges for the company in the current market environment [1][2]. Financial Projections - Expected earnings per share (EPS) for Under Armour is $0.02, reflecting a year-over-year decline of 93.3% [1]. - Anticipated revenues are projected at $1.31 billion, down 6.7% compared to the same quarter last year [1]. Earnings Estimate Revisions - Over the past 30 days, the consensus EPS estimate has been revised downward by 4.3%, indicating a reassessment by analysts [2]. - Changes in earnings projections are crucial for predicting investor reactions and short-term stock price movements [3]. Revenue Breakdown by Product - Apparel revenues are estimated at $906.68 million, showing a decrease of 4.3% year-over-year [4]. - Footwear revenues are projected at $267.49 million, down 14.5% from the prior year [5]. - Accessories revenues are expected to be $108.58 million, reflecting a decline of 6.7% [5]. - Total net sales are estimated at $1.28 billion, indicating a decrease of 6.8% [5]. Regional Revenue Estimates - North America revenues are expected to reach $774.76 million, down 10.3% year-over-year [6]. - Asia-Pacific revenues are projected at $180.85 million, reflecting a decline of 12.9% [6]. - EMEA revenues are forecasted to be $303.60 million, showing an increase of 7.2% [7]. - Latin America revenues are expected at $46.10 million, down 1.8% [7]. Store Count Projections - Total doors are estimated to be 444, slightly down from 446 in the same quarter last year [7]. - International total doors count is projected at 249, compared to 250 a year ago [8]. - North America total doors count is expected to be 195, down from 196 in the previous year [8]. Stock Performance - Under Armour shares have declined by 7.6% over the past month, contrasting with a 1% increase in the Zacks S&P 500 composite [8].
Exploring Analyst Estimates for Under Armour (UAA) Q2 Earnings, Beyond Revenue and EPS