This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Under Armour Beats, Raises Guidance

NEW YORK ( TheStreet) -- Under Armour (UA - Get Report) reported second-quarter earnings that topped analysts' estimates and it raised guidance for revenue in 2011.

The athletic clothing manufacturer posted earnings of $6.2 million, or 12 cents a share for the quarter, up from $3.5 million, or 7 cents a shar,e in the same period last year. Analysts had called for earnings of 8 cents a share.

Revenue for the second quarter came in a $291.3 million compared to $204.8 million in the prior year's period. Analysts' estimates were revenue of $273.4 million.

The company's success was driven by strong revenue growth in all its divisions, boosted by an 81% jump in direct-to-consumer revenue, now representing 27% of its business.

The company also raised its 2011 net revenue projection to a range of $1.42 billion to $1.44 billion, representing 33% to 35% growth over 2010, from its previous estimate of $1.37 billion to $1.39 billion.

-- Written by Carlton Wilkinson.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
UA $42.71 -2.40%
AAPL $93.98 0.36%
FB $118.07 -0.42%
GOOG $696.68 -0.22%
TSLA $235.05 -2.80%


Chart of I:DJI
DOW 17,708.51 -182.65 -1.02%
S&P 500 2,060.14 -21.29 -1.02%
NASDAQ 4,765.0240 -52.57 -1.09%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs