Dick’s Sporting Goods Inc (NYSE:DKS) to Release Earnings on Monday
Dick’s Sporting Goods Inc (NYSE:DKS) will be releasing its earnings data before the market opens on Monday, August 14th. Analysts expect Dick’s Sporting Goods to post earnings of $1.03 per share for the quarter. Dick’s Sporting Goods has set its Q2 guidance at $1.02-1.07 EPS and its FY18 guidance at $3.65-3.75 EPS.
Dick’s Sporting Goods (NYSE:DKS) last released its quarterly earnings results on Tuesday, May 16th. The sporting goods retailer reported $0.54 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.54. The firm had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.83 billion. Dick’s Sporting Goods had a return on equity of 18.61% and a net margin of 3.57%. The business’s revenue for the quarter was up 9.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.50 EPS. On average, analysts expect Dick’s Sporting Goods to post $3.65 EPS for the current fiscal year and $3.97 EPS for the next fiscal year.
Several research analysts have weighed in on DKS shares. BidaskClub downgraded Dick’s Sporting Goods from a “sell” rating to a “strong sell” rating in a report on Tuesday, July 25th. Credit Suisse Group reiterated a “hold” rating and issued a $55.00 price target on shares of Dick’s Sporting Goods in a report on Thursday, June 29th. Zacks Investment Research downgraded Dick’s Sporting Goods from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. Canaccord Genuity set a $67.00 price target on Dick’s Sporting Goods and gave the company a “buy” rating in a report on Monday, May 15th. Finally, Cleveland Research downgraded Dick’s Sporting Goods from a “buy” rating to a “hold” rating in a report on Monday, July 10th. Three analysts have rated the stock with a sell rating, twelve have given a hold rating and nineteen have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $55.81.
Dick’s Sporting Goods Company Profile
Dick’s Sporting Goods, Inc is an omni-channel sporting goods retailer offering an assortment of sports equipment, apparel, footwear and accessories in its specialty retail stores primarily in the eastern United States. The Company also owns and operates Golf Galaxy, Field & Stream and other specialty concept stores, and Dick’s Team Sports HQ, an all-in-one youth sports digital platform offering free league management services, mobile applications for scheduling, communications and live scorekeeping, custom uniforms and FanWear and access to donations and sponsorships.
Receive News & Ratings for Dick's Sporting Goods Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dick's Sporting Goods Inc and related companies with MarketBeat.com's FREE daily email newsletter.