Under Armour (UAA) reports Q4 2021 earnings beat
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Underneath Armour footwear are seen within a retailer on November 03, 2021 in Houston, Texas.
Brandon Bell | Getty Pictures
Under Armour on Friday reported fiscal fourth-quarter income and gross sales forward of analysts’ estimates, fueled by year-over-year progress in North America.
Its shares whipsawed in premarket buying and selling, not too long ago falling lower than 1% after rising 7%.
This is how the corporate did in its fourth quarter in contrast with what analysts had been anticipating, primarily based on Refinitiv estimates:
- Earnings per share: 14 cents adjusted vs. 7 cents anticipated
- Income: $1.53 billion vs. $1.47 billion anticipated
Read the full earnings press release from Under Armour here.
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