Top Wall Street Forecasters Revamp Academy Sports and Outdoors Expectations Ahead Of Earnings
Portfolio Pulse from Avi Kapoor
Top Wall Street analysts have updated their expectations for Academy Sports and Outdoors (NASDAQ:ASO) ahead of its second-quarter earnings release. Analysts predict earnings of $1.24 per share, down from $1.30 last year, and revenue of $1.38 billion. The company recently declared a quarterly dividend and added Scott Boatwright to its Board of Directors. Analyst ratings remain largely positive, with price targets ranging from $65 to $83.
June 07, 2024 | 12:29 pm
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Academy Sports and Outdoors is expected to report Q2 earnings of $1.24 per share, down from $1.30 last year, with revenue of $1.38 billion. The company declared a quarterly dividend and added a new board member. Analysts maintain positive ratings with price targets between $65 and $83.
The upcoming earnings report, recent dividend declaration, and addition of a new board member are significant events. Analysts' positive ratings and price targets suggest a favorable outlook, likely boosting short-term stock performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100