BALTIMORE (AP) _ Under Armour Inc. (UAA) on Wednesday reported fiscal first-quarter profit of $7.7 million.
The Baltimore-based company said it had profit of 2 cents per share. Earnings, adjusted for non-recurring costs, came to 3 cents per share.
The results matched Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was also for earnings of 3 cents per share.
The sports apparel company posted revenue of $1.35 billion in...
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BALTIMORE (AP) _ Under Armour Inc. (UAA) on Wednesday reported fiscal first-quarter profit of $7.7 million.
The Baltimore-based company said it had profit of 2 cents per share. Earnings, adjusted for non-recurring costs, came to 3 cents per share.
The results matched Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was also for earnings of 3 cents per share.
The sports apparel company posted revenue of $1.35 billion in the period, which beat Street forecasts. Eleven analysts surveyed by Zacks expected $1.34 billion.
Under Armour expects full-year earnings in the range of 47 cents to 53 cents per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UAA at https://www.zacks.com/ap/UAA
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