DICK'S Sporting Goods Inc DKS.N reported quarterly adjusted earnings of $4.38 per share for the quarter ended July 31, higher than the same quarter last year, when the company reported EPS of $4.37. The mean expectation of twenty three analysts for the quarter was for earnings of $4.32 per share. Wall Street expected results to range from $4.10 to $4.62 per share.
Revenue rose 5% to $3.65 billion from a year ago; analysts expected $3.63 billion.
DICK'S Sporting Goods Inc's reported EPS for the quarter was $4.71.
The company reported quarterly net income of $381.4 million.
DICK'S Sporting Goods Inc shares had risen by 14.3% this quarter and lost 1.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.7% in the last three months.
In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 16 "hold" and no "sell" or "strong sell." The average consensus recommendation for the miscellaneous specialty retailers peer group is also "buy"
Wall Street's median 12-month price target for DICK'S Sporting Goods Inc is $230.00, about 1.7% above its last closing price of $226.01
This summary was machine generated from LSEG data August 28 at 01:31 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)