April 21, 2016 2 minutes

Under Armour (UA) 1Q16 Results: Balanced Growth Drives Upside in 1Q

Primary Analyst: Coresight Research

Company Earnings Update

Executive Summary

Under Armour reported 1Q16 EPS of $0.04 versus the consensus estimate of $0.02.
Total revenues were $1.05 billion, up 30% year over year, versus expectations of $1.04 billion.
Full-year guidance calls for revenues of $5.0 billion, versus prior guidance of $4.95 billion and consensus of $4.99 billion. Operating income is now expected to be $503–$507 million versus prior guidance of $503 million.

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