Under Armour Updates FY19 Outlook - Quick Facts

(RTTNews) - Under Armour, Inc. (UA) announced, for 2019, earnings per share is now expected to be $0.33 to $0.34 versus the previously expected range of $0.31 to $0.33. Revenue is expected to be up approximately 3 to 4 percent reflecting relatively flat results for North America and a low double-digit percentage rate increase in the international business. Analysts polled by Thomson Reuters expect the company to report profit per share of $0.35. Analysts' estimates typically exclude special items.

For the first-quarter, net income was $22 million or $0.05 earnings per share. Analysts expected the company to report breakeven per share for the quarter. Revenue rose 2 percent to $1.2 billion (up 3 percent currency neutral). Analysts expected revenue of $1.19 billion for the quarter.