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4.7 • 1.7K Ratings

🗓️ 2 May 2019

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

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Summary

Under Armour rises on strong international sales. Fitbit scores with its smartwatches. Eventbrite tumbles on growing losses. And Tesla raises more money. Analysts Andy Cross and Emily Flippen discuss those stories and talk Square and the war on cash.

Transcript

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0:00.0	It's Thursday, May 2nd. Welcome to Market Fullry. I'm Matt Greer and joining me in
0:06.4	studio we have Motley Full analyst Andy Cross and Emily Flippin. Welcome, how are we
0:11.6	doing? Good, good.
0:13.0	Doing well.
0:14.0	Well, good to have you here.
0:15.0	We've got lots to talk about a rough day for Square, an even rougher day for
0:20.0	a vent bright.
0:21.0	Oof.
0:22.0	Tough. We've got Fitbit selling smart watches.
0:24.6	Who knew?
0:25.6	They're capable of it.
0:26.6	They are getting it done and we've got Tesla raising some cash.
0:30.6	So we'll get to all of that.
0:32.0	But let's begin with Under Armour. Shares up around 4% at the time of our taping.
0:36.0	Now Andy, I look at the news here, better than expected earnings and sales.
0:40.0	International revenue up 12%.
0:44.0	Now that's the good news.
0:45.2	North America, not so great.
0:47.4	Sales down 3%.
0:48.7	Yeah, that's right, Max.
0:49.5	So sales were up 2% to 1.2 billion
0:52.2	that beat the consensus estimate. Same with the earnings per share.
	...

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