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

Academy Sports and Outdoors

31/08/2023 14:31

* Academy Sports and Outdoors Inc  ASO.OQ  reported
quarterly
adjusted earnings of $2.09​​ per share for the quarter ended in
July. The mean expectation of seventeen analysts for the quarter
was for earnings of $1.99 per share.
    * Revenue fell 6.2% to $1.58 billion from a year ago;
analysts
expected $1.58 billion. 
    * Academy Sports and Outdoors Inc's reported EPS for the
quarter
was $2.01​.
    * The mean earnings estimate of analysts had fallen by
about 11.9%
in the last three months.​ 
    * In the last 30 days, six analysts negatively revised
earnings
estimates 
    * Academy Sports and Outdoors Inc shares had fallen by 7.6%
this
quarter and lost 4.9% so far this year.
    * The company reported quarterly net income of $157.08
million.
    * Wall Street's median 12-month price target for Academy
Sports
and Outdoors Inc is $66.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 31 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2023      1.99           2.09           Beat
 Apr. 30 2023      1.65           1.30           Missed
 Jan. 31 2023      1.81           2.04           Beat
 Oct. 31 2022      1.59           1.69           Beat