Academy Sports Analysts Increase Their Forecasts Following Q3 Results

Academy Sports and Outdoors, Inc (NASDAQ:ASO) reported mixed results for the third quarter on Tuesday.The company reported third-quarter adjusted earnings per share of $1.14, topping the analyst consensus estimate of $1.06. Quarterly sales of $1.384 billion (+3.0% year over year) missed the Street view of $1.403 billion.Academy Sports revised its fiscal 2025 adjusted EPS guidance to $5.65–$6.15 (compared to prior forecast of $5.60–$6.30), versus a $5.80 consensus estimate. It also lifted its fiscal 2025 sal ...