Academy Sports and Outdoors Inc reports results for the quarter ended January 31 - Earnings Summary

Reuters
20 Mar
Academy Sports and Outdoors Inc reports results for the quarter ended January 31 - Earnings Summary
  • Academy Sports and Outdoors Inc ASO.OQ reported quarterly adjusted earnings of $1.96​​ per share for the quarter ended January 31, lower than the same quarter last year, when the company reported EPS of $2.21. The mean expectation of twenty analysts for the quarter was for earnings of $1.83 per share. Wall Street expected results to range from $1.76 to $1.93 per share.

  • Revenue fell 6.6% to $1.68 billion from a year ago; analysts expected $1.68 billion.

  • Academy Sports and Outdoors Inc's reported EPS for the quarter was $1.89​.

  • The company reported quarterly net income of $133.63 million.

  • Academy Sports and Outdoors Inc shares had fallen by 17.3% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 0.8% 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," 10 "hold" and no "sell" or "strong sell."

  • The average consensus recommendation for the apparel & accessories retailers peer group is also "buy"

Wall Street's median 12-month price target for Academy Sports and Outdoors Inc is $62.00

This summary was machine generated from LSEG data March 20 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 2025

1.83

1.96

Beat

Oct. 31 2024

1.29

0.98

Missed

Jul. 31 2024

2.03

2.03

Met

Apr. 30 2024

1.22

1.08

Missed

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