Under Armour, Inc. (NYSE: UA, UAA) reported fourth quarter 2021 earnings results today.
Revenue rose 9% year-over-year to $1.5 billion.
Net income was $110 million, or $0.23 per share, compared to $184.4 million, or $0.40 per share, last year. Adjusted net income was $67 million, or $0.14 per share.
Under Armour is changing its fiscal year from December 31 to March 31. Following a three-month transition period (January 1 – March 31, 2022), the company’s fiscal year 2023 will run from April 1, 2022, through March 31, 2023. Consequently, there will be no fiscal year 2022.
For the transition quarter ending March 31, 2022, the company expects revenue to increase at a mid-single-digit rate compared to the previous expectation of a low single-digit rate increase. Diluted EPS is expected to be $0.02-0.03.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
JetBlue Airways Corporation (NASDAQ: JBLU) reported fourth quarter 2022 earnings results today. Total operating revenues increased 32% year-over-year to $2.4 billion. Net income amounted to $24 million, or $0.07
American Airlines Group (NASDAQ: AAL) announced fourth-quarter 2022 financial results on Thursday, reporting a sharp increase in revenues. The company turned profit from a loss last year. Total operating revenues
Southwest Airlines Co. (NYSE: LUV) on Thursday announced financial results for the fourth quarter of 2022, reporting a net loss and a double-digit increase in revenues. Total operating revenue was