Seeking Clues to Dick's (DKS) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics

Core Insights - Analysts project Dick's Sporting Goods (DKS) will report quarterly earnings of $3.34 per share, a 1.2% increase year over year, with revenues expected to reach $3.12 billion, reflecting a 3.4% increase from the same quarter last year [1] - The consensus EPS estimate has been revised upward by 0.5% over the past 30 days, indicating a collective reassessment by analysts [2] - Revisions to earnings estimates are significant indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [3] Financial Metrics - Comparable store sales are expected to increase by 3.0% year over year, down from 5.3% reported in the same quarter last year [5] - The total number of stores at the end of the period (EOP) is projected to be 865, compared to 857 in the same quarter last year [5] - Total square footage is forecasted to reach 44.00 million square feet, up from 42.9 million square feet reported in the same quarter last year [6] - The number of Dick's Sporting Goods stores is expected to be 725, slightly up from 723 in the same quarter last year [6] - The number of Golf Galaxy/Specialty Concept Stores is projected to remain at 134, consistent with the previous year's figure [7] Market Performance - Shares of Dick's have decreased by 9% over the past month, contrasting with a 10.7% increase in the Zacks S&P 500 composite [8] - Dick's Sporting Goods holds a Zacks Rank of 3 (Hold), suggesting it is expected to perform in line with the overall market in the near future [8]