Under Armour (NYSE: UA ) reported earnings on Oct. 25. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Under Armour met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew significantly and GAAP earnings per share grew significantly.
Gross margins expanded, operating margins contracted, net margins grew.
Under Armour logged revenue of $575.2 million. The 22 analysts polled by S&P Capital IQ predicted revenue of $576.1 million on the same basis. GAAP reported sales were 24% higher than the prior-year quarter's $465.5 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.54. The 25 earnings estimates compiled by S&P Capital IQ anticipated $0.52 per share. GAAP EPS of $0.54 for Q3 were 23% higher than the prior-year quarter's $0.44 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 48.7%, 30 basis points better than the prior-year quarter. Operating margin was 15.8%, 30 basis points worse than the prior-year quarter. Net margin was 10.0%, 10 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $502.2 million. On the bottom line, the average EPS estimate is $0.47.
Next year's average estimate for revenue is $1.83 billion. The average EPS estimate is $1.19.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 2,703 members out of 2,963 rating the stock outperform, and 260 members rating it underperform. Among 971 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 925 give Under Armour a green thumbs-up, and 46 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Under Armour is hold, with an average price target of $55.59.
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