Under Armour: Were Earnings Really That Good?
July 24, 2014 at 11:50 AM EDT
Shares of Under Armour (UA) have surged to an all-time high after releasing earnings today. Were they really that good? (If that question sounds familiar, it should.) Citigroup’s Kate McShane and Corinna Van der Ghinst think they were: Under Armour reported Q2 EPS of $0.08, beating our $0.06 estimate and consensus of $0.07 on significantly [...]