Academy Sports + Outdoors Reports First Quarter 2023 Results

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Go back to Academy Sports + Outdoors Reports First Quarter 2023 Results

Oppenheimer Sees 65% Upside in Academy Sports & Outdoors Inc. (ASO) Despite Miss

June 8, 2023 7:12 AM EDT

Oppenheimer analyst Brian Nagel reiterated an Outperform rating and $85.00 price target on Academy Sports & Outdoors Inc. (NASDAQ: ASO), saying cyclical challenges are masking underlying improvements. The analyst sees 65% upside from current levels.

The analyst commented, "We reiterate our Outperform rating on Academy... More

Academy Sports and Outdoor (ASO) Misses Q1 EPS by 37c, Guidance Misses Consensus

June 6, 2023 8:06 AM EDT

Academy Sports and Outdoor (NASDAQ: ASO) reported Q1 EPS of $1.30, $0.37 worse than the analyst estimate of $1.67. Revenue for the quarter came in at $1.38 billion versus the consensus estimate of $1.44 billion.

GUIDANCE:

Academy Sports and Outdoor sees Q2 2024 EPS of $6.80-$7.50,... More