Academy Sports and Outdoors, Inc. (ASO) Q1 Earnings and Revenues Lag Estimates

分组1 - Academy Sports and Outdoors, Inc. reported quarterly earnings of $1.08 per share, missing the Zacks Consensus Estimate of $1.23 per share, and down from $1.30 per share a year ago, representing an earnings surprise of -12.20% [1] - The company posted revenues of $1.36 billion for the quarter ended April 2024, missing the Zacks Consensus Estimate by 0.76%, and down from $1.38 billion year-over-year [1] - Over the last four quarters, the company has surpassed consensus EPS estimates only once and has topped consensus revenue estimates two times [1] 分组2 - Academy Sports and Outdoors shares have declined approximately 19.1% since the beginning of the year, contrasting with the S&P 500's gain of 12.4% [2] - The current consensus EPS estimate for the upcoming quarter is $2.13 on revenues of $1.61 billion, and for the current fiscal year, it is $6.94 on revenues of $6.26 billion [4] - The Leisure and Recreation Products industry, to which Academy Sports and Outdoors belongs, is currently ranked in the bottom 24% of over 250 Zacks industries, indicating potential challenges for stock performance [5]