Under Armour (UAA) Moves 7.5% Higher: Will This Strength Last? [Yahoo! Finance]
Under Armour, Inc. Class C (UA)
Last under armour, inc. class c earnings: 2/11 06:55 am
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Source: Yahoo! Finance
This compares to the stock's 4.4% gain over the past four weeks. Under Armour's growth remains strong in EMEA and Latin America, supported by premium products and disciplined pricing. Brand momentum is rising sharply among younger consumers, while a strong balance sheet supports continued long-term growth. This sports apparel company is expected to post quarterly loss of $0.02 per share in its upcoming report, which represents a year-over-year change of -125%. Revenues are expected to be $1.31 billion, down 6.6% from the year-ago quarter. Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements. For Under Armour, the consensus EPS estimate for the quarter has been revised 38.5% lower over the last 30 days to the current level. And a negative trend in earnings estimate revisions doesn't usually tra
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