Academy Sports and Outdoors Inc expected to post earnings of $2.30 a share - Earnings Preview

Academy Sports and Outdoors

19/03/2024 12:57

* Academy Sports and Outdoors Inc  ASO.OQ   ASO.O  is
expected
to show a rise in quarterly revenue when it reports  results on
March 21 for the period ending January 31 2024
    * The Katy Texas-based  company is expected to report a
2.9% increase in revenue to $1.798 billion from $1.75 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 $2.30 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Academy
Sports
and Outdoors Inc is $77.00​, above​ its last closing price
of $72.13. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Oct. 31 2023  1.47        1.59       1.38      Missed  -13.1
 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.        1.61        1.59       1.69      Beat    6.2
 31 2022                                                
 Jul. 31 2022  2.10        2.07       2.30      Beat    11.4​
 Apr. 30 2022  1.43        1.41       1.73      Beat    22.7
 Jan. 31 2022  1.41        1.37       1.61      Beat    17.7
 This summary was machine generated March 19 at 12:57 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)