Top Wall Street Forecasters Revamp Academy Sports and Outdoors Price Expectations Ahead Of Q2 Earnings
Portfolio Pulse from Avi Kapoor
Academy Sports and Outdoors, Inc. (NYSE:ASO) is set to release its Q2 earnings on Sept. 10, with expected earnings of $2.03 per share and revenue of $1.57 billion. Analysts have mixed ratings, with some maintaining 'Outperform' and others downgrading their ratings. The company declared a quarterly dividend of 11 cents per share.
September 09, 2024 | 7:41 am
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Academy Sports and Outdoors is expected to report Q2 earnings of $2.03 per share, slightly down from last year. Analysts have mixed ratings, with some maintaining 'Outperform' and others downgrading. The company declared a quarterly dividend of 11 cents per share.
The upcoming earnings report and mixed analyst ratings create uncertainty around ASO's short-term stock performance. The slight decrease in expected earnings per share and the recent downgrades by some analysts may exert downward pressure. However, the maintained 'Outperform' ratings and declared dividend could provide support, resulting in a neutral short-term impact.
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