Academy Sports ASO is expected to release its latest quarterly earnings report on Tuesday 07/06/2022. Here’s what investors need to know ahead of the announcement.
Analysts believe Academy Sports will report a earnings per share (EPS) of $1.41.
The Academy Sports bulls are hoping to hear the company announce that it not only exceeded that estimate, but also provide some positive indications or expected growth for the next quarter.
New investors should note that sometimes it’s not an earnings beat or miss that most affects a stock’s price, but direction (or forecast).
Historical Earnings Performance
Last quarter, the company beat EPS by $0.19, followed by a 0.91% decline in share price the next day.
Here’s a look at Academy Sports‘ past performance and the resulting price change:
| Trimester | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS estimate | 1.42 | 1.09 | 1.42 | 0.83 |
| Actual EPS | 1.61 | 1.75 | 2.34 | 1.89 |
| Price change % | -0.91% | 8.49% | 3.79% | 0.63% |
| Trimester | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS estimate | 1.42 | 1.09 | 1.42 | 0.83 |
| Actual EPS | 1.61 | 1.75 | 2.34 | 1.89 |
| Price change % | -0.91% | 8.49% | 3.79% | 0.63% |
Stock performance
Academy Sports shares were trading at $34.73 as of June 3. Over the past 52-week period, shares are down 11.83%. Since these returns are typically negative, long-term shareholders are likely unhappy to approach this earnings release.
To keep track of all Academy Sports results releases, visit their results calendar on our site.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
