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Under Armour, Inc. (UA, UAA) said, for 2021, the company now expects adjusted earnings per share to be in the range of $0.28 to $0.30 compared to the previous expectation of $0.12 to $0.14. Revenue is now expected to be up at a high-teen percentage rate compared to the previous guidance of a high-single-digit percentage rate increase.


RTTNews | May 4, 2021 07:28AM EDT

07:27 Tuesday, May 4, 2021 (RTTNews.com) - Under Armour, Inc. (UA, UAA) said, for 2021, the company now expects adjusted earnings per share to be in the range of $0.28 to $0.30 compared to the previous expectation of $0.12 to $0.14. Revenue is now expected to be up at a high-teen percentage rate compared to the previous guidance of a high-single-digit percentage rate increase.

First quarter adjusted earnings per share was $0.16. Revenue was up 35 percent to $1.3 billion (up 32 percent currency neutral) compared to the prior year.

Read the original article on RTTNews ( https://www.rttnews.com/3191235/under-armour-updates-2021-outlook.aspx)

For comments and feedback: contact editorial@rttnews.com

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