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Under Armour Has Strong Quarter

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Under Armour Has Strong Quarter

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Entertainment (now)

1 Views • Oct 31, 2018

Description


Under Armour reported third-quarter earnings that beat on the bottom line but missed on the top line. The company also raised its full-year earnings guidance. Shares rallied 10% before Tuesday's opening bell. Under Armour is rallying before Tuesday's opening bell — up 10% — after the company beat on third-quarter profits and raised its full-year guidance. The sporting-apparel maker earned an adjusted $0.25 a share— $0.12 higher than what analysts surveyed by Bloomberg were expecting.