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Under Armour Tops Q4 Earnings Estimate, Confirms 2019 Profit Forecast
Under Armour posted stronger-than-expected fourth quarter earnings Tuesday, and confirmed its 2019 profit outlook, sending shares higher in pre-market trading.
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Under Armour said earnings for the three months ending in December came in at 9 cents per share, well ahead of the Street consensus of 3 cents and up from flat profits over the same period last year. Group revenues, Under Armour said, rose 1.5% $1.4 billion but again topped the consensus estimate of $1.21 billion.
Under Armour also affirmed its recent 2019 outlook, which sees full year earnings in the range of 31 to 33 cents per share and revenue growth in the region of 3% to 4%.
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https://www.thestreet.com/investing/earn...yptr=yahoo
Under Armour posted stronger-than-expected fourth quarter earnings Tuesday, and confirmed its 2019 profit outlook, sending shares higher in pre-market trading.
...
Under Armour said earnings for the three months ending in December came in at 9 cents per share, well ahead of the Street consensus of 3 cents and up from flat profits over the same period last year. Group revenues, Under Armour said, rose 1.5% $1.4 billion but again topped the consensus estimate of $1.21 billion.
Under Armour also affirmed its recent 2019 outlook, which sees full year earnings in the range of 31 to 33 cents per share and revenue growth in the region of 3% to 4%.
...
https://www.thestreet.com/investing/earn...yptr=yahoo
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