Stay Ahead of the Game With Dick's (DKS) Q2 Earnings: Wall Street's Insights on Key Metrics

Core Insights - Analysts project that Dick's Sporting Goods (DKS) will report quarterly earnings of $3.72 per share, reflecting a year-over-year increase of 31.9% [1] - Revenue is expected to reach $3.43 billion, marking a 6.4% increase from the same quarter last year [1] Earnings Projections - The consensus EPS estimate has been revised upward by 0.1% in the past 30 days, indicating a reassessment by covering analysts [2] - Changes in earnings projections are crucial for predicting investor reactions, with empirical studies showing a strong link between earnings estimate trends and short-term stock price movements [3] Key Metrics - The consensus estimate for the total number of stores at the end of the period (EOP) is 861, slightly up from 860 a year ago [5] - Total square footage is projected to reach 42.94 million square feet, compared to 42.4 million square feet a year prior [5] - The average prediction for the number of Dick's Sporting Goods stores is 724, down from 725 a year ago [5] - Analysts estimate that the number of Golf Galaxy/Specialty Concept Stores will reach 137, up from 135 in the same quarter last year [6] Stock Performance - Dick's shares have increased by 8.6% in the past month, outperforming the Zacks S&P 500 composite, which rose by 2.6% [6] - With a Zacks Rank of 2 (Buy), DKS is expected to outperform the overall market in the near term [6]