Academy Sports and Outdoors Inc expected to post earnings of $1.59 a share - Earnings Preview

Academy Sports and Outdoors

28/11/2023 13:54

* Academy Sports and Outdoors Inc  ASO.OQ   ASO.O  is
expected
to show a fall in quarterly revenue when it reports  results 
for the period ending July 31 2023
    * The Katy Texas-based  company is expected to report a
3.5% decrease in revenue to $1.441 billion from $1.49 billion a
year ago, according to the mean estimate from 17 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Academy Sports and
Outdoors
Inc is for earnings of $1.59 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 16 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Academy
Sports
and Outdoors Inc is $65.00​, above​ its last closing price
of $49.10. ​​​

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 2023  1.97        1.99       2.09      Beat    4.8
 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
 ​​Jul.        2.10        2.07       2.30      Beat    11.4
 31 2022                                                
 Apr. 30 2022  1.43        1.41       1.73      Beat    22.7​
 Jan. 31 2022  1.41        1.37       1.61      Beat    17.7
 Oct. 31 2021  1.29        1.12       1.75      Beat    56.4
 This summary was machine generated November 28 at 13:54 GMT. 
All figures in US dollars unless otherwise stated