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)