Stock Track | Under Armour Soars 8.62% in Pre-Market Ahead of Q3 Earnings Release

Stock Track

Feb 06

Under Armour's stock surged 8.62% in pre-market trading on Friday, as investors positioned themselves ahead of the company's third-quarter earnings report scheduled for release before the opening bell.

The athletic apparel retailer is expected to report a quarterly loss of 1 cent per share, compared to a profit of 8 cents per share in the same period last year. Revenue is projected to reach $1.31 billion, down from $1.4 billion a year ago, according to analyst estimates.

Traders appear to be betting on potential positive surprises or improved guidance, with Wall Street analysts having recently revised their expectations for the company ahead of the earnings announcement. The pre-market surge suggests optimism about Under Armour's performance despite the anticipated year-over-year declines.

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Revenue is projected to reach $1.31 billion, down from $1.4 billion a year ago, according to analyst estimates.</p><p>Traders appear to be betting on potential positive surprises or improved guidance, with Wall Street analysts having recently revised their expectations for the company ahead of the earnings announcement. The pre-market surge suggests optimism about Under Armour's performance despite the anticipated year-over-year declines.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"UA","symbol_name":"安德玛公司C类股","start_time":0,"source_url":"","article_id":"1134085478","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1134085478","pubTimestamp":1770378998,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Under Armour's stock surged 8.62% in pre-market trading on Friday, as investors positioned themselves ahead of the company's third-quarter earnings report scheduled for release before the opening...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"UA":"安德玛公司C类股"},"translate_title":"股票追踪|Under Armour在第三季度财报发布前盘前飙升8.62%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"UA":1},"content_text":"Under Armour's stock surged 8.62% in pre-market trading on Friday, as investors positioned themselves ahead of the company's third-quarter earnings report scheduled for release before the opening bell.The athletic apparel retailer is expected to report a quarterly loss of 1 cent per share, compared to a profit of 8 cents per share in the same period last year. 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