The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Under Armour beat slightly on revenues and beat slightly on earnings per share.
Compared to the prior-year quarter, revenue expanded significantly and GAAP earnings per share grew significantly.
Gross margins shrank, operating margins expanded, net margins grew.
Under Armour reported revenue of $505.9 million. The 24 analysts polled by S&P Capital IQ foresaw revenue of $497.8 million on the same basis. GAAP reported sales were 25% higher than the prior-year quarter's $403.1 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 $0.47. The 27 earnings estimates compiled by S&P Capital IQ predicted $0.46 per share. GAAP EPS of $0.47 for Q4 were 52% higher than the prior-year quarter's $0.31 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 50.3%, 130 basis points worse than the prior-year quarter. Operating margin was 16.1%, 240 basis points better than the prior-year quarter. Net margin was 9.9%, 180 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $472.2 million. On the bottom line, the average EPS estimate is $0.19.
Next year's average estimate for revenue is $2.22 billion. The average EPS estimate is $1.50.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 2,738 members out of 2,990 rating the stock outperform, and 252 members rating it underperform. Among 979 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 932 give Under Armour a green thumbs-up, and 47 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 $56.20.
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