What To Know Ahead Of Academy Sports’s ($ASO) Q2 Earnings?

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Academy Sports (NASDAQ: ASO) is scheduled to reveal its financial results for the second quarter on Tuesday 10th September 2024. This disclosure will take place before market open, providing investors with significant information regarding the company's performance in the last three months period.

According to financial analysts on Wall Street, the business is likely to announce an estimated per share $2.03 profit for the quarter. Additionally, the company is anticipated to reveal a total revenue of $1.57 billion during this period.

Upon revisiting the corresponding quarter from the prior year, the company's earnings report demonstrated a per-share income of $2.09. This figure was attributed to the company's total revenue, which reached an impressive $1.58 billion during that same period.

Wall Street analysts have revealed their forecasts for the company's annual performance, predicting a total revenue of $6.13 billion. Additionally, they expect the company to report per share profit of $6.5 for the fiscal year.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Q1 2024 $1.08 -16.9% 1.36 B -1.4%
Q4 2023 $2.21 +8.3% 1.80 B +2.7%
Q3 2023 $1.38 -18.3% 1.40 B -6.4%
Q2 2023 $2.09 -9.1% 1.58 B -6.2%

*Growth on year-over-year basis

ASO will host a conference call with investment community on 10th September 2024 at 10:00 AM eastern time to discuss the financial results.

Monday's trading saw Academy Sports (ASO) shares hit a low of $52.10 and a high of $54.05, with a day volume of 2.83 million shares. The stock closed the regular trading session at $52.64, marking 1.75 percent decline.