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How Analysts View Under Armour After Earnings

Under Armour Inc. (NYSE: UA) reported its first-quarter financial results before the markets opened on Thursday. As a result of these positive earnings, a few analysts weighed in on the company afterward.

The company said it had $0.04 in earnings per share (EPS) on $1.05 billion in revenue. That compared to consensus estimates from Thomson Reuters of $0.02 in EPS on revenue of $1.02 billion.

Net revenues increased 30% in this quarter, compared with net revenues of $805 million in the prior year’s period. On a currency neutral basis, net revenues increased 32% from last year.

The strong results posted this quarter truly are reflective of what management sees as balanced growth of its brand across product categories, channels...