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Trade: Will Under Armour (UAA) beat quarterly earnings?

70% YES 30% NO

Opened · Settles

Resolution criteria on PolyGram: As of market creation, Under Armour is estimated to release earnings on May 12, 2026. The Street consensus estimate for Under Armour’s non-GAAP EPS for the relevant quarter is $-0.02 as of market creation. This market will resolve to "Yes" if Under Armour reports non-GAAP EPS greater than $-0.02 for the relevant quarter in its next quarterly earnings release. Otherwise, it will resolve to "No." The resolution source will be the non-GAAP EPS listed in the company’s official earnings documents. If Under Armour releases earnings without non-GAAP EPS, then the market will resolve according to the non-GAAP EPS figure reported by SeekingAlpha.

PolyGram is an on-chain prediction market where you trade YES or NO outcome shares with real USDC on Polygon. For this market, buy YES if you believe the event will happen, or NO if you think it won't. Your maximum loss is your stake — winning shares pay $1.00 each at resolution. Unlike sportsbooks, there is no house edge: prices are set by supply and demand from other traders and reflect the crowd's real-time probability.

Liquidity
$81
Total Volume
$1K
24h Volume
$236
Open Interest
$476
Trade this market on PolyGram →

Market outcomes

Will Under Armour (UAA) beat quarterly earnings? 70% YES31% NO

Market context

Under Armour will report first-quarter fiscal 2026 earnings on 12 May 2026, with the market resolving based on whether non-GAAP earnings per share exceed the consensus estimate of −$0.02. The current order book on Polymarket prices this outcome at 71% probability, reflecting substantial confidence that the company will post a loss smaller than expected or achieve a modest profit. This implies traders are pricing in a roughly one-in-three chance of a miss, suggesting material uncertainty despite the elevated implied probability.

Under Armour has faced sustained headwinds in recent years, including wholesale channel pressures and international market challenges that have weighed on profitability. The consensus estimate of −$0.02 itself signals expectations of a small loss, which contextualises the 71% probability: the bar for beating is relatively low, requiring only that losses narrow further or that the company returns to profitability. Historical patterns show athletic apparel companies often surprise on the upside when guidance has been conservative, though UAA's execution track record remains mixed.

Key catalysts ahead include any pre-earnings commentary from management, wholesale order trends from major retailers, and currency headwinds affecting international revenue. The company's direct-to-consumer channel performance will be closely watched, as will inventory management across its distribution network. Traders should monitor any guidance revisions or strategic announcements in the weeks before 12 May, as these frequently shift consensus expectations and repricing on the order book.

Resolution source

This market settles from the official outcome published at https://seekingalpha.com/. A proposer submits the final result to the UMA optimistic oracle on Polygon; the two-hour dispute window closes and payouts clear in USDC.

How to trade this market step by step

The mechanics for trading "Will Under Armour (UAA) beat quarterly earnings?" are the same as any other PolyGram event contract. Each YES share resolves to $1 if the event happens, or $0 if it doesn't. The current price between 0¢ and 100¢ is the market's probability estimate, set live by the order book.

  1. Sign in on polygram.ink with your email — no full KYC under $1,500 lifetime trading volume.
  2. Deposit USDC on Polygon (lowest fees, ~$0.01 per transaction) or Ethereum. Funds credit after 12 confirmations.
  3. Pick a side. Buy YES if you believe the event will happen; buy NO if you think it won't. The current YES price reflects the market's collective probability.
  4. Size your position. If you stake 100 USDC at 70% YES, you'll receive shares that pay $143 if YES resolves true — a 43% gross return. If NO resolves, your shares are worth $0.
  5. Set risk controls (optional). Stop-loss, take-profit, and limit-order types all supported. Use the trade ticket's slippage box to cap your maximum entry price.
  6. Wait for resolution. When the event resolves on-chain via the UMA optimistic oracle, the winning side settles to 100¢ automatically and USDC hits your balance within seconds. Withdrawable to any wallet you control.

How active is this market?

$1K in lifetime turnover and $81 of resting liquidity puts this market in the below the median by volume for finance contracts on PolyGram. Order-book depth is thin — large orders may need to be split across the book or executed as limit orders.

Last 24 hours alone saw $236 in turnover, well above the lifetime daily-average for this market — a clear sign of news catalysing trader activity right now.

The market has been open for under a month — fresh enough that information asymmetry remains a real factor.

Higher-volume markets tend to have tighter spreads and faster price discovery — meaning the displayed YES/NO percentages are more likely to reflect the true crowd-implied probability rather than a single trader's directional view.

Key terms

YES / NO share
A binary outcome token that pays $1.00 if the underlying claim resolves true (YES) or false (NO), and $0 otherwise. The market price between 0¢ and 100¢ is the implied probability.
CLOB
Central limit order book. The matching engine that pairs YES buyers with NO buyers (effectively the same trade). Polymarket's CLOB on Polygon executes trades on-chain via the conditional-tokens framework.
Liquidity
USDC capital sitting in resting limit orders inside the order book. Deeper liquidity means smaller slippage on large trades and a tighter bid-ask spread.
UMA optimistic oracle
The on-chain dispute system that settles each Polymarket market. A proposer submits the outcome, a two-hour challenge window opens, and unchallenged proposals finalise the resolution.
Slippage
The difference between the displayed mid-price and your fill price. Affects market orders most; limit orders avoid slippage but may take time to fill.
Conditional token
ERC-1155 outcome share issued by Gnosis Conditional Tokens on Polygon. The token type that resolves to $1.00 or $0.00 at settlement.

See the full prediction-market glossary →

Frequently asked questions

What is the current probability for "Will Under Armour (UAA) beat quarterly earnings?"?

As of today, traders on Polymarket price this outcome at 70%. The number updates continuously as the order book clears. PolyGram mirrors the same live odds with locale-aware formatting and USDC settlement.

How does this market resolve?

Resolution is sourced from https://seekingalpha.com/. Settlement is executed by the UMA optimistic oracle on Polygon, with a 2-hour dispute window before payouts clear.

When does this market close?

This prediction market is scheduled to close on 12 May 2026. After the resolving event occurs, settlement typically clears within 24 hours once the UMA optimistic oracle confirms the outcome. All payouts are in USDC on the Polygon network.

How can I trade on "Will Under Armour (UAA) beat quarterly earnings?"?

To trade on this prediction market, create a free PolyGram account at polygram.ink, deposit USDC via Polygon, and place a YES or NO order on the outcome you believe in. You can learn more on our how-it-works page. Your maximum loss is limited to your stake — there is no leverage or margin.

What happens when the market resolves?

When the outcome is determined, winning YES shares pay out $1.00 each in USDC, while losing shares pay $0. Settlement is handled by the UMA optimistic oracle on Polygon — a proposer submits the result, a two-hour dispute window opens, and if uncontested, payouts are distributed automatically. You can withdraw your winnings to any Polygon wallet.

Risk and regulatory note

Prediction-market positions can lose 100% of staked capital. Outcomes are uncertain by definition — historical accuracy of crowd-implied probabilities is high in aggregate but not for any single market. PolyGram does not provide investment advice. Trade only with capital you can afford to lose.

Regulatory status varies by jurisdiction. Germany, the United States, and most EU countries treat Polymarket-style event contracts under one of three frameworks: financial derivative, gambling product, or unregulated novel asset. Consult local counsel before trading.

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