Under Armour (UAA) To Report Q2 Earnings: What Lies Ahead?
Zacks Investment Research | Jul 27, 2017 08:51AM ET
Under Armour, Inc. (NYSE:UAA) is scheduled to report second-quarter 2017 results on Aug 1, before the opening bell.
The question lingering in investors’ minds is, whether this marketer and distributor of apparel, footwear and accessories will be able to deliver a positive earnings surprise in the to-be-reported quarter. In the trailing four quarters, the company’s earnings have outpaced the Zacks Consensus Estimate with an average of 20.8%.
Let’s see how things are shaping up for this announcement.
What to Expect?
The Zacks Consensus Estimate for the quarter is pegged at a loss of 6 cents compared to earnings of 1 cent reported in the year-ago period. Furthermore, the Zacks Consensus Estimate for 2017 is pegged at 42 cents, down nearly 28% from 2016. Notably, the estimates have remained stable in the last 30 days. Analysts polled by Zacks expect revenues of $1,075 million for the said quarter, up about 7.4% from the year-ago quarter.
Under Armour forms part of the Zacks Investment Research
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.