Under Armour Inc. strongly raised its guidance for the full year after reporting third-quarter earnings that were double Wall Street’s consensus targets. Revenues climbed 8 percent in the third quarter.

Sales of $1.5 billion were just ahead of Wall Street’s consensus target of $1.48 billion. Adjusted earnings of 31 cents topped Wall Street’s consensus target of 15 cents. SGB Media

The post Under Armour Hikes Outlook On Q3 Earnings Beat appeared first on Endurance Sportswire.

Other news