Analysts Expect Academy Sports and Outdoors, Inc. (NASDAQ:ASO) Will Announce Quarterly Sales of $1.43 Billion – MarketBeat

Brokerages anticipate Academy Sports activities and Outdoors, Inc. (NASDAQ:ASO – Get Rating) to submit gross sales of $1.43 billion for The current fiscal quarter, Zacks reviews. Three analysts have made estimates for Academy Sports activities and Outdoors’ earnings, with The very biggest gross s…….

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Brokerages anticipate Academy Sports activities and Outdoors, Inc. (NASDAQ:ASO – Get Rating) to submit gross sales of $1.43 billion for The current fiscal quarter, Zacks reviews. Three analysts have made estimates for Academy Sports activities and Outdoors’ earnings, with The very biggest gross sales estimate coming in at $1.46 billion and The backside estimate coming in at $1.39 billion. Academy Sports activities and Outdoors reported gross sales of $1.58 billion By way of the identical quarter final yr, Which might advocate a adverse yr-over-yr progress price of 9.5%. The agency Is predicted to report its subsequent earnings report on Monday, January 1st.

On common, analysts anticipate that Academy Sports activities and Outdoors will report full yr gross sales of $6.66 billion for The current monetary yr, with estimates Starting from $6.63 billion to $6.71 billion. For The subsequent monetary yr, analysts forecast that The agency will submit gross sales of $7.11 billion, with estimates Starting from $7.04 billion to $7.18 billion. Zacks’ gross sales calculations are A imply based mostly on a survey of evaluation analysts that cowl Academy Sports activities and Outdoors.

Academy Sports activities and Outdoors (NASDAQ:ASO – Get Rating) final submited its quarterly earnings outcomes on Tuesday, March Twenty ninth. The agency reported $1.61 EPS for the quarter, beating the consensus estimate of $1.37 by $0.24. Academy Sports activities and Outdoors had a internet margin of 9.91% and a return on equity of 51.14%. The enterprise had income of $1.81 billion all through the quarter, As in contrast with analyst estimates of $1.77 billion. During The identical interval Inside the earlier yr, the enterprise submited $1.09 EPS. The agency’s quarterly income was up 13.2% on a yr-over-yr basis.

A quantity of evaluation analysts have recently commented on the inventory. Truist Financial assumed cowlage on shares of Academy Sports activities and Outdoors in a report on Wednesday, Might …….

Source: https://www.marketbeat.com/instant-alerts/nasdaq-aso-consensus-analyst-rating-2022-05-2-3/