Academy Sports and Outdoors Inc reports results for the quarter ended in January - Earnings Summary

Academy Sports and Outdoors

21/03/2024 13:32

* Academy Sports and Outdoors Inc  ASO.OQ  reported
quarterly
adjusted earnings of $2.21​​ per share for the quarter ended in
January, higher than the same quarter last year, when the
company reported EPS of $2.04.  The mean expectation of
eighteen analysts for the quarter was for earnings of $2.31 per
share. Wall Street expected results to range from $2.15 
to $2.44 per share.
    * Revenue rose 2.8% to $1.79 billion from a year ago;
analysts
expected $1.80 billion. 
    * Academy Sports and Outdoors Inc's reported EPS for the
quarter
was $2.21​.
    * The company reported quarterly net income of $168.17
million.
    * Academy Sports and Outdoors Inc shares had risen by 8.0%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.9%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 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." 
    * Wall Street's median 12-month price target for Academy
Sports
and Outdoors Inc is $77.00 

This summary was machine generated from LSEG data March 21 at
01:32 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 31 2024      2.31           2.21           Missed
 Oct. 31 2023      1.59           1.38           Missed
 Jul. 31 2023      1.99           2.09           Beat
 Apr. 30 2023      1.65           1.30           Missed