DICKS Sporting Goods, Inc. (NASDAQ:DKS) is reporting second quarter earnings results on Wednesday 26th August 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 1.26 per share.
For the full year, analysts predict revenues of $ 8441.62 million, while looking forward to income of $ 1.01 per share.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 3.60 ~ $ 4.00 per share
Click Here For More Historical Outlooks Of DICKS Sporting Goods, Inc.
Previous Quarter Performance
DICKS Sporting Goods, Inc. unveiled loss for the first quarter of $ 1.21 per share, from the revenue of $ 1,333.00 million. Street analysts expected DICKS Sporting Goods, Inc. to report loss of $ 0.36 per share on revenue of $ 1486.85 million for the first quarter. The bottom line results missed street analysts by $ 0.85 or 236.11 percent, at the same time, top line results fell short of analysts by $ 153.85 million or 10.35 percent.
Stock Performance
Shares of DICKS Sporting Goods, Inc. traded low $ -1.49 or -3.12 percent on Tuesday, reaching $ 46.32 with volume of 2.46 million shares. The stock opened down for the day at $ 47.70, after closing the previous day trading at $ 47.81.
According to the previous trading day, closing price of $ 47.81, representing a 255.20 % increase from the 52 week low of $ 13.46 and a 4 % decrease over the 52 week high of $ 49.80.
The company has a market capital of $ 4.14 billion and is part of the Consumer Cyclical sector and Specialty Retail industry.
Recent Analyst recommendations
- On 14th August 2020, initiated by DA Davidson at Buy rating, with $ 57.00 target price.
Conference Call
DICKS Sporting Goods, Inc. will be hosting a conference call at 10:00 AM eastern time on 26th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website 78449.choruscall.com/dataconf/productusers/dks/mediaframe/40036/indexr.html
DICKS Sporting Goods, Inc. operates as a sporting goods retailer primarily in the eastern United States. It provides hardlines, including sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear products; apparel; and footwear and accessories.
