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2021-11-02

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Avis Budget and Under Armour shares popped after Q3 results surpassing estimates

Avis Budget and Under Armour shares popped after Q3 results surpassing estimates. Avis Budget Popped

Avis Budget and Under Armour shares popped after Q3 results surpassing estimates

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This is a 850.44 percent increase over earnings of $1.13 per share from the same period last year. The company reported quarterly sales of $3.00 billion which beat the analyst consensus estimate of $2.72 billion by 10.33 percent. This is a 95.63 percent increase over sales of $1.53 billion the same period last year.</p>\n<p><img src=\"https://static.tigerbbs.com/4c71b87bff736a55318fcffbc8e63ac1\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n<p>Under Armour shares spiked&nbsp;17% on Q3 earnings beat, raised FY21 outlook.</p>\n<p><img src=\"https://static.tigerbbs.com/4eabceab0d600f93a674a77fe780a449\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n<ul>\n <li><b>Under Armour Inc</b>&nbsp;&nbsp;reported third-quarter FY21 sales growth of 7.9%&nbsp;year-on-year, to $1.55 billion, beating the analyst consensus of $1.48 billion.</li>\n <li>Wholesale revenue increased 10% Y/Y to $911 million, and direct-to-consumer revenue rose 12% to $604 million.</li>\n <li>Apparel revenue grew 14% Y/Y, Footwear climbed 10%, while Accessories revenue decreased 13%.</li>\n <li>The gross profit rose 15% Y/Y to $788 million, and the gross margin increased 310 basis points Y/Y to 51%.</li>\n <li>The operating margin expanded 700 basis points to 11.1%, and operating income for the quarter nearly tripled to $172 million.</li>\n <li>The company held $1.3 billion in cash and equivalents as of September 30, 2021. Cash provided by operating activities for the nine months totaled $209.8 million.</li>\n <li>Adjusted EPS of $0.31 beat the analyst consensus of $0.10.</li>\n <li><b>Outlook</b>: Under Armour raised FY21 sales growth outlook to about 25% Y/Y (prior view low 20% range).</li>\n <li>The company raised the FY21 adjusted EPS outlook to about $0.74 (prior view $0.50 - $0.52).</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Avis Budget and Under Armour shares popped after Q3 results surpassing estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAvis Budget and Under Armour shares popped after Q3 results surpassing estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-02 22:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Avis Budget and Under Armour shares popped after Q3 results surpassing estimates.</p>\n<p>Avis Budget Popped 212%&nbsp;with&nbsp;multiple fuses in morning trading&nbsp;after&nbsp;Q3 earnings and revenues surpassing estimates.</p>\n<p>Avis Budget Group&nbsp;reported quarterly earnings of $10.74 per share which beat the analyst consensus estimate of $6.50 by 65.23 percent. This is a 850.44 percent increase over earnings of $1.13 per share from the same period last year. The company reported quarterly sales of $3.00 billion which beat the analyst consensus estimate of $2.72 billion by 10.33 percent. This is a 95.63 percent increase over sales of $1.53 billion the same period last year.</p>\n<p><img src=\"https://static.tigerbbs.com/4c71b87bff736a55318fcffbc8e63ac1\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n<p>Under Armour shares spiked&nbsp;17% on Q3 earnings beat, raised FY21 outlook.</p>\n<p><img src=\"https://static.tigerbbs.com/4eabceab0d600f93a674a77fe780a449\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n<ul>\n <li><b>Under Armour Inc</b>&nbsp;&nbsp;reported third-quarter FY21 sales growth of 7.9%&nbsp;year-on-year, to $1.55 billion, beating the analyst consensus of $1.48 billion.</li>\n <li>Wholesale revenue increased 10% Y/Y to $911 million, and direct-to-consumer revenue rose 12% to $604 million.</li>\n <li>Apparel revenue grew 14% Y/Y, Footwear climbed 10%, while Accessories revenue decreased 13%.</li>\n <li>The gross profit rose 15% Y/Y to $788 million, and the gross margin increased 310 basis points Y/Y to 51%.</li>\n <li>The operating margin expanded 700 basis points to 11.1%, and operating income for the quarter nearly tripled to $172 million.</li>\n <li>The company held $1.3 billion in cash and equivalents as of September 30, 2021. Cash provided by operating activities for the nine months totaled $209.8 million.</li>\n <li>Adjusted EPS of $0.31 beat the analyst consensus of $0.10.</li>\n <li><b>Outlook</b>: Under Armour raised FY21 sales growth outlook to about 25% Y/Y (prior view low 20% range).</li>\n <li>The company raised the FY21 adjusted EPS outlook to about $0.74 (prior view $0.50 - $0.52).</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UAA":"安德玛公司A类股","UA":"安德玛公司C类股","CAR":"安飞士"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118038660","content_text":"Avis Budget and Under Armour shares popped after Q3 results surpassing estimates.\nAvis Budget Popped 212% with multiple fuses in morning trading after Q3 earnings and revenues surpassing estimates.\nAvis Budget Group reported quarterly earnings of $10.74 per share which beat the analyst consensus estimate of $6.50 by 65.23 percent. This is a 850.44 percent increase over earnings of $1.13 per share from the same period last year. The company reported quarterly sales of $3.00 billion which beat the analyst consensus estimate of $2.72 billion by 10.33 percent. This is a 95.63 percent increase over sales of $1.53 billion the same period last year.\n\nUnder Armour shares spiked 17% on Q3 earnings beat, raised FY21 outlook.\n\n\nUnder Armour Inc  reported third-quarter FY21 sales growth of 7.9% year-on-year, to $1.55 billion, beating the analyst consensus of $1.48 billion.\nWholesale revenue increased 10% Y/Y to $911 million, and direct-to-consumer revenue rose 12% to $604 million.\nApparel revenue grew 14% Y/Y, Footwear climbed 10%, while Accessories revenue decreased 13%.\nThe gross profit rose 15% Y/Y to $788 million, and the gross margin increased 310 basis points Y/Y to 51%.\nThe operating margin expanded 700 basis points to 11.1%, and operating income for the quarter nearly tripled to $172 million.\nThe company held $1.3 billion in cash and equivalents as of September 30, 2021. Cash provided by operating activities for the nine months totaled $209.8 million.\nAdjusted EPS of $0.31 beat the analyst consensus of $0.10.\nOutlook: Under Armour raised FY21 sales growth outlook to about 25% Y/Y (prior view low 20% range).\nThe company raised the FY21 adjusted EPS outlook to about $0.74 (prior view $0.50 - $0.52).","news_type":1},"isVote":1,"tweetType":1,"viewCount":1354,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}

Avis Budget and Under Armour shares popped after Q3 results surpassing estimates

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