DICK'S Sporting Goods Reports Third Quarter Results; Exceeds Earnings Expectations and Raises Full Year Guidance
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MKM Partners Reiterates Buy on Dick's Sporting Goods (DKS) Following 3Q Report and Guide
November 16, 2016 10:59 AM ESTMKM Partners reiterated a Buy rating and $67.00 price target on Dick's Sporting Goods (NYSE: DKS) following the company's 3Q earnings report. Excluding costs related to the conversion of 22 former Sports Authority stores, EPS increased 7% to $0.48 vs. $0.41 estimates. Consolidated comps increased 5.2% vs. 2.5% estimates and included a... More
Brean Capital Reiterates Buy on Dick's Sporting Goods (DKS) Following 3Q
November 16, 2016 9:59 AM ESTBrean Capital maintained a Buy rating on Dick's Sporting Goods (NYSE: DKS), and cut the price target to $63.00 (from $64.00), following the company's 3Q earnings report. DKS reported 3Q EPS of $0.48, well above consensus estimates for $0.42. Management raised FY16 EPS guidance and is now expecting adjusted EPS of... More
UBS Remains Bullish on Dick's Sporting Goods (DKS) Following 3Q
November 16, 2016 8:45 AM ESTUBS reiterated a Buy rating and $66.00 price target on Dick's Sporting Goods (NYSE: DKS) following the company's 3Q earnings report. DKS guided to 4Q EPS of $1.19-$1.31 on a comp of 3-6%. The mid-point of its guidance implies a flattish OM in 4Q, which UBS believes is overly conservative given its easy compare.
Analyst Michael Lasser... More
Dick's Sporting Goods (DKS) Tops Q3 EPS by 6c; Raises Outlook
November 15, 2016 7:31 AM ESTDick's Sporting Goods (NYSE: DKS) reported Q3 EPS of $0.48, $0.06 better than the analyst estimate of $0.42. Revenue for the quarter came in at $1.87 billion versus the consensus estimate of $1.77 billion.
Net sales for the third quarter of 2016 increased 10.2% to approximately $1.8 billion. Consolidated same store sales... More
