Dick's Sporting Goods (DKS) Surges 25% on Beat and Raise

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Dick's Sporting Goods (DKS) PT Raised to $40 at RBC Capital

May 31, 2018 6:43 AM EDT

RBC Capital raised its price target on Dick's Sporting Goods (NYSE: DKS) to $40.00 (from $32.00) while maintaining a Sector Perform rating.

Analyst Scot Ciccarelli notes better than feared margins drove the Q1 beat, although headwinds persist.

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Dick's Sporting Goods (DKS) Tops Q1 EPS by 9c, Lifts FY Guidance

May 30, 2018 7:32 AM EDT

(Updated - May 30, 2018 7:33 AM EDT)

(Update corrects for adjusted EPS)

Dick's Sporting Goods (NYSE: DKS) reported Q1 EPS of $0.54, $0.09 better than the analyst estimate of $0.45. Revenue for the quarter came in at $1.91 billion versus the consensus estimate of $1.89 billion.

Based on... More