Academy Sports and Outdoor (ASO) Misses Q3 EPS by 32c, Offers Guidance

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Evercore ISI Reiterates In Line Rating on Academy Sports & Outdoors Inc. (ASO)

December 10, 2024 9:55 AM EST

Evercore ISI analyst Greg Melich reiterated an In Line rating and $60.00 price target on Academy Sports & Outdoors Inc. (NASDAQ: ASO).

The analyst comments "3Q results missed on top and bottom line. The -4.9% comp missed expectations of down ~3.5%, which flowed through to lower-than-expected margins, translating into an earnings miss of $0.30 vs. consensus. Management lowered full year EPS guidance... More