Potential long entry with the Fibonacci .618 level as major resistance
Earnings details
Under Armour (NYSE:UAA): Q3 Non-GAAP EPS of $0.26 beats by $0.23; GAAP EPS of $0.09 beats by $0.06.
Revenue of $1.43B (flat Y/Y) beats by $270M.
Gross margin of 47.9% vs. 46% consensus.
FY20 guidance:
Adjusted EPS of -$0.47 to -$0.49 vs. -$0.71.
Revenue is expected to be down at a high-teen percentage rate compared to 2019 results, reflecting a low twenties percentage rate decline in North America and a high-single-digit percentage rate decline within the international business.
Earnings details
Under Armour (NYSE:UAA): Q3 Non-GAAP EPS of $0.26 beats by $0.23; GAAP EPS of $0.09 beats by $0.06.
Revenue of $1.43B (flat Y/Y) beats by $270M.
Gross margin of 47.9% vs. 46% consensus.
FY20 guidance:
Adjusted EPS of -$0.47 to -$0.49 vs. -$0.71.
Revenue is expected to be down at a high-teen percentage rate compared to 2019 results, reflecting a low twenties percentage rate decline in North America and a high-single-digit percentage rate decline within the international business.