Recap: Under Armour Q3 Earnings


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Under Armour (NYSE:UAA) reported its Q3 earnings results on Thursday, November 3, 2022 at 06:55 AM.

Here's what investors need to know about the announcement.

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Earnings

Under Armour beat estimated earnings by 25.0%, reporting an EPS of $0.2 versus an estimate of $0.16.

Revenue was up $28.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 0.32% drop in the share price the next day.

Here's a look at Under Armour's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.04 0.06 0.07 0.15
EPS Actual 0.03 -0.01 0.14 0.31
Revenue Estimate 1.35B 1.32B 1.47B 1.48B
Revenue Actual 1.35B 1.30B 1.53B 1.55B

To track all earnings releases for Under Armour visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: EarningsBZI-Recaps