Under Armour Q4 Generates $1.17B Revenue, EPS Loss Narrows to $0.03
Under Armour reported a Q4 loss of $0.03 per share, narrowing from a $0.08 loss a year earlier, while generating $1.17 billion in revenue. The company expects annual revenue to decline due to weak consumer spending in North America, triggering a share price drop.
1. Q4 Earnings Results
Under Armour reported a loss of $0.03 per share in the fourth quarter, improving from a $0.08-per-share loss a year earlier.
2. Revenue Performance
The company generated $1.17 billion in revenue, exceeding the $1.167 billion consensus but down from $1.18 billion in the prior-year quarter.
3. Guidance and Market Reaction
Under Armour forecasted a decline in annual revenue due to weak consumer spending in North America, leading to a drop in share price following the release.
4. Financial Health Metrics
A negative P/E ratio of -4.22 reflects ongoing unprofitability, while a current ratio of 1.62 indicates sufficient short-term liquidity.