Academy Sports and Outdoors Inc expected to post earnings of $2.03 a share - Earnings Preview

Academy Sports and Outdoors

06/09/2024 13:32

* Academy Sports and Outdoors Inc  ASO.OQ   ASO.O  is
expected
to show a fall in quarterly revenue when it reports  results on
September 10 for the period ending July 31 2024
    * The Katy Texas-based  company is expected to report a
0.6% decrease in revenue to $1.574 billion from $1.58 billion a
year ago, according to the mean estimate from 18 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Academy Sports and
Outdoors
Inc is for earnings of $2.03 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 8
"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 $53.81. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   1.20        1.22       1.08      Missed  -11.2
 Jan. 31 0001  2.32        2.31       2.21      Missed  -4.1
 Jan. 1 0001   1.47        1.59       1.38      Missed  -13.1​
 Jan. 1 0001   1.97        1.99       2.09      Beat    4.8
 ​​Jan.        1.63        1.65       1.30      Missed  -21
 1 0001                                                 
 Jan. 31 2023  1.81        1.81       2.04      Beat    12.4​
 Jan. 1 0001   1.61        1.59       1.69      Beat    6.2
 Jul. 31 2022  2.10        2.07       2.30      Beat    11.4
 This summary was machine generated September 6 at 12:32 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)