Analysts from William Blair and RBC Capital offer an overview of what to expect from sportswear maker Under Armour Inc (NYSE:UA) and social media giant Facebook Inc (NASDAQ:FB), as the earnings season gets underway.

Under Armour Inc

On Tuesday, William Blair analyst Sharon Zackfia reiterated an Outperform rating on shares of Under Armour, as the company will be reporting fourth-quarter earnings before the markets open on Thursday, January 28th.

Zackfia said, “We believe sales trends were healthy in the fourth quarter, although the potential for meaningful upside was likely dampened by warm weather across much of the central and eastern United States. We project revenue growth of 26%, to $1.13 billion, slightly above implied guidance of $1.12 billion and in line with consensus. Promotional levels were fairly well controlled at both Under Armour and its wholesale partners, although post-Christmas inventory levels at wholesale seemed quite full.”

The analyst concluded, “At this point, we believe even modest upside to fourth-quarter guidance could be a relief to investors (particularly given a recent competitor downgrade) and that 2016 guidance will ultimately prove conservative (which has been the case in the prior three years). Moreover, top-line trends in the United States remain strong and there is compelling evidence that the company is executing well on its longer-term opportunity to build a significantly larger global premium athletic brand.”

According to, a site that tracks and ranks analysts on their predictions, analyst Sharon Zackfia has a yearly average return of -2.8% and a 37% success rate. Zackfia has a 52.9% average return when recommending UA, and is ranked #2720 out of 3586 analysts.

Out of the 21 analysts polled by TipRanks, 14 rate Under Armour stock a Buy, 6 rate the stock a Hold and 1 recommends a Sell. With a return potential of 47%, the stock’s consensus target price stands at $103.81.

Facebook Inc

In a research report published today, RBC Capital analyst Mark Mahaney reiterated an Outperform rating on shares of Facebook, with a price target of $130, as the company is scheduled to report its Q4 results on January 27th.

Mahaney noted, “Based on intra-quarter data points, channel checks, and our model sensitivity work, we view current Street December quarter estimates as reasonable. In terms of the ‘16 outlook, we would expect the company to solely provide Opex growth – we are modelin.” The analyst added, “For Q4:15, we are expecting Revenue and Non-GAAP EPS of $5.44B and $0.69, respectively, just above Consensus at $5.37B and $0.68. Our EBIT estimate of $3.09B is generally in-line with Street expectations. Note that our estimates imply 41% Y/Y Revenue and 29% Y/Y Non-GAAP EPS growth.”

“Facebook continues to generate very high and very profitable growth. An extremely rare combination. And we see in FB plenty of strong, secular platform growth ahead,” Mahaney concluded.

According to, analyst Mark Mahaney has a yearly average return of 18.2% and a 56.8% success rate. Mahaney has a 41.3% average return when recommending FB, and is ranked #11 out of 3586 analysts.