Academy Sports And Outdoors Sees FY24 Revenue Of $6.070B - $6.350B Vs. $6.24B Est.
Portfolio Pulse from Benzinga Newsdesk
Academy Sports and Outdoors has projected its FY24 revenue to be between $6.070 billion and $6.350 billion, compared to the estimated $6.24 billion.
June 11, 2024 | 12:30 pm
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POSITIVE IMPACT
Academy Sports and Outdoors has provided a revenue forecast for FY24 that ranges from $6.070 billion to $6.350 billion, which is slightly above the market estimate of $6.24 billion. This indicates a positive outlook for the company's financial performance.
The revenue forecast provided by Academy Sports and Outdoors is slightly above the market estimate, suggesting a positive outlook for the company's financial performance. This could lead to a short-term increase in the stock price as investors react to the optimistic revenue projection.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100