Academy Sports and Outdoors Inc expected to post earnings of $1.30 a share - Earnings Preview

Academy Sports and Outdoors

06/12/2024 13:33

* Academy Sports and Outdoors Inc  ASO.OQ   ASO.O  is
expected
to show a fall in quarterly revenue when it reports  results on
December 10 for the period ending October 31 2024
    * The Katy Texas-based  company is expected to report a
0.8% decrease in revenue to $1.387 billion from $1.4 billion a
year ago, according to the mean estimate from 16 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Academy Sports and
Outdoors
Inc is for earnings of $1.30 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 10
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Academy
Sports
and Outdoors Inc is $63.00​, above​ its last closing price
of $49.30. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jul. 31 2024  2.00        2.03       2.03      Met     0.2
 Apr. 30 2024  1.20        1.22       1.08      Missed  -11.2
 Jan. 31 2024  2.32        2.31       2.21      Missed  -4.1​
 Oct. 31 2023  1.47        1.59       1.38      Missed  -13.1
 ​​Jul.        1.97        1.99       2.09      Beat    4.8
 31 2023                                                
 Apr. 30 2023  1.63        1.65       1.30      Missed  -21​
 Jan. 31 2023  1.81        1.81       2.04      Beat    12.4
 Oct. 31 2022  1.61        1.59       1.69      Beat    6.2
 This summary was machine generated December 6 at 13:33 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)