Dick's Sporting Goods Q1 EPS $3.30 Beats $2.95 Estimate, Sales $3.02B Beat $2.94B Estimate
Portfolio Pulse from Benzinga Newsdesk
Dick's Sporting Goods (NYSE:DKS) reported Q1 earnings per share (EPS) of $3.30, beating the analyst estimate of $2.95. Sales were $3.02 billion, surpassing the $2.94 billion estimate. Despite the EPS beat, earnings decreased by 2.94% year-over-year, while sales increased by 6.19%.
May 29, 2024 | 11:05 am
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Dick's Sporting Goods reported Q1 EPS of $3.30, beating estimates by 11.86%. Sales were $3.02 billion, exceeding estimates by 2.65%. Despite the EPS beat, earnings decreased by 2.94% year-over-year, while sales increased by 6.19%.
The positive earnings and sales figures, despite a year-over-year decrease in EPS, are likely to boost investor confidence in the short term. The beat on both EPS and sales estimates suggests strong operational performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100