Academy Sports And Outdoors Raises FY24 EPS Guidance From $5.90 - $6.90 To $6.05 - $7.05 Vs. $6.82 Est.
Portfolio Pulse from Benzinga Newsdesk
Academy Sports and Outdoors has raised its FY24 EPS guidance from $5.90 - $6.90 to $6.05 - $7.05, compared to the $6.82 estimate.
June 11, 2024 | 12:32 pm
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Academy Sports and Outdoors has increased its FY24 EPS guidance, indicating a stronger financial performance than previously expected. The new guidance range is $6.05 - $7.05, surpassing the $6.82 estimate.
The raised EPS guidance suggests that Academy Sports and Outdoors is performing better than expected, which is likely to boost investor confidence and drive the stock price up in the short term.
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