Top Wall Street Forecasters Revamp Academy Sports and Outdoors Expectations Ahead Of Q1 Earnings
Earnings decline from previous year indicates potential weakening fundamentals, historically leading to stock slumps.
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Earnings decline from previous year indicates potential weakening fundamentals, historically leading to stock slumps.
What happened, with direct paths to the underlying reporting
ASO expects earnings of 89 cents per share, down from $1.08 last year. Projected quarterly revenue is $1.37 billion, slightly up from $1.36 billion. ASO declared a quarterly cash dividend of 13 cents per share on June 6. Shares rose 2% to $44.31 prior to earnings announcement.
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