Academy Sports and Outdoors Inc expected to post earnings of $1.99 a share - Earnings Preview

Academy Sports and Outdoors

29/08/2023 14:09

* Academy Sports and Outdoors Inc  ASO.OQ   ASO.O  is
expected
to show a fall in quarterly revenue when it reports  results on
August 31. 
    * The Katy Texas-based  company is expected to report  a
6.4% decrease in revenue to $1.579 billion from $1.69 billion a
year ago, according to the mean estimate from 16 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Academy Sports and
Outdoors Inc is for earnings of $1.99 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 15 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Academy
Sports
and Outdoors Inc is $66.5​, above​ its last closing price
of $49.35. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2022  2.10        2.07       2.30      Beat    11.4
 ​​Apr.        1.43        1.41       1.73      Beat    22.7
 30 2022                                                
 Jan. 31 2022  1.41        1.37       1.61      Beat    17.7​
 Oct. 31 2021  1.29        1.12       1.75      Beat    56.4
 Jul. 31 2021  1.48        1.42       2.34      Beat    65.1
 This summary was machine generated August 29 at 13:09 GMT.  All
figures in US dollars  unless otherwise stated