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Market Impact: 0.35

Academy Sports and Outdoors, Inc. (ASO) Beats Q1 Earnings and Revenue Estimates

Corporate EarningsAnalyst EstimatesCompany Fundamentals

Academy Sports and Outdoors reported quarterly EPS of $0.93, ahead of the $0.91 Zacks Consensus Estimate and up from $0.76 a year ago. The modest earnings beat and year-over-year improvement point to solid company fundamentals. The release is likely to matter primarily for ASO shares rather than the broader market.

Analysis

Academy Sports and Outdoors reported quarterly EPS of $0.93, ahead of the $0.91 Zacks Consensus Estimate and up from $0.76 a year ago. The modest earnings beat and year-over-year improvement point to solid company fundamentals. The release is likely to matter primarily for ASO shares rather than the broader market.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.28

Ticker Sentiment

ASO0.43