Earnings Recap of February 11th
Under Armour reported Q4 earnings on Friday. The American sports equipment company reported net income of $109.7 million compared with $184.5 million, a year earlier. Excluding one-time items, it earned 14 cents a share, beating analysts’ estimates for 7 cents. Revenue grew to $1.53 billion from $1.4 billion a year earlier. That topped analysts’ expectations for $1.47 billion.
Zillow Group reported Q4 earnings on Friday. The American online real-estate marketplace company reported quarterly revenue of $3.88 billion, which beat the $2.78 billion estimate. For the quarter, this company also reported a net loss of $261.2 million, which equated to earnings per share of -$1.03. That EPS loss was worse than analyst estimates of -90 cents per share. On top of that, revenue for the entire year of 2021 came in at $8.1 billion.
I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.