Under Armour stock falls as company offers weak guidance, posts unexpected loss (US.UAA) - 06 mai 2022

Under Armour reported a net loss for the quarter of $59.6 million, or 13 cents per share, compared with net income of $77.8 million, or 17 cents a share, a year earlier.

Excluding one-time items, it lost a penny per share. Analysts had been looking for adjusted earnings per share of 6 cents.

Sales grew to $1.3 billion from $1.26 billion a year earlier. That missed estimates for $1.32 billion. 

For its fiscal year 2023, Under Armour is projecting to earn between 63 cents and 68 cents per share on an adjusted basis, which is below analysts’ expectations for 86 cents.

https://www.cnbc.com/2022/05/06/under-armour-uaa-reports-sales-below-wall-street-estimates.html