Academy Sports Q4 Adj EPS $2.21 Misses $2.30 Estimate, Sales $1.79B Miss $1.80B Estimate
Portfolio Pulse from Benzinga Newsdesk
Academy Sports (NASDAQ:ASO) reported Q4 adjusted EPS of $2.21, missing the $2.30 estimate, and sales of $1.79B, slightly below the $1.80B estimate. Despite these misses, both earnings and sales showed growth from the previous year.
March 21, 2024 | 12:02 pm
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Academy Sports reported Q4 adjusted EPS of $2.21, missing estimates, and sales of $1.79B, slightly below expectations. Year-over-year growth in both metrics was observed.
Missing both EPS and sales estimates could lead to a negative short-term reaction in the stock price. However, the year-over-year growth in both earnings and sales might mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100