DICKS Sporting Goods, Inc. (NASDAQ:DKS) is reporting third quarter financial results on Tuesday 24th November 2020, before market open.
According to analysts surveyed by Thomson Reuters, DKS is expected to report 3Q20 income of $ 0.98 per share from revenue of $ 2223.16 million.
For the full year, analysts anticipate top line of $ 9096.84 million, while looking forward to income of $ 4.04 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 3.60 ~ $ 4.00 per share
Click Here For More Historical Outlooks Of DICKS Sporting Goods, Inc.
Previous Quarter Performance
DICKS Sporting Goods, Inc. recorded income for the second quarter of $ 1.26 per share, from the net sales of $ 2,259.21 million. The quarterly earnings expanded 5.00 percent while revenues grew 3.75 percent compared with the same quarter last year.
Street analysts expected DICKS Sporting Goods, Inc. to report income of $ 1.21 per share on revenue of $ 2207.07 million for the second quarter. The bottom line results beat street analysts by $ 0.05 or 4.13 percent, at the same time, top line results outshined analysts by $ 52.14 million or 2.36 percent.
Stock Performance
Shares of DICKS Sporting Goods, Inc. traded up $ 0.30 or 0.51 percent on Monday, reaching $ 58.81 with volume of 5.11 million shares. DICKS Sporting Goods, Inc. has traded high as $ 60.03 and has cracked $ 58.38 on the downward trend
According to the previous trading day, closing price of $ 58.81, representing a 334.70 % increase from the 52 week low of $ 13.46 and a 7.55 % decrease over the 52 week high of $ 63.29.
The company has a market capital of $ 5.24 billion and is part of the Consumer Cyclical sector and Specialty Retail industry.
Conference Call
DICKS Sporting Goods, Inc. will be hosting a conference call at 10:00 AM eastern time on 24th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.dickssportinggoods.com
DICKS Sporting Goods, Inc. operates as a sporting goods retailer primarily in the eastern United States. It provides hardlines, including sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear products; apparel; and footwear and accessories.
