Under Armour: Quarterly Earnings Snapshot
6 May 2022, 15: 47
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BALTIMORE — Under Armour Inc. on Friday reported a loss of $59.6 million in the veryfirst 3 months of the year.
On a per-share basis, the Baltimore business had a loss of 13 cents for the quarter ended March31 Losses, changed for restructuring expenses, came to 1 cent per share.
The results fell brief of Wall Street expectations. The average quote of 11 experts surveyed by Zacks Investment Research was for revenues of 4 cents per share.
The sports garments business published earnings of $1.3 billion in the shift duration, likewise missingouton Street projections. Ten experts surveyed by Zacks anticipated $1.33 b