Dick’s Sporting Items’s Earnings: A Preview

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Dick’s sporting goods DCS is expected to release its latest quarterly report on Wednesday, 2022-05-25. Here’s what investors need to know ahead of the announcement.

Analysts are expecting Dick’s Sporting Goods to report earnings per share (EPS) from $2.47.

The bulls at Dick’s Sporting Goods are hoping the company will announce that it not only beat that estimate, but also provides positive guidance, or projected growth, for the next quarter.

New investors should note that sometimes it’s not win or miss that drives a stock’s price the most, but guidance (or forecast).

Historical development of earnings

In its most recent quarter, the company beat earnings per share by $0.21, followed by a 7.19% gain in its share price the next day.

Here’s a look at Dick’s Sporting Goods’ past performance and the resulting price change:

quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS estimate 3.43 1.95 2.70 1.12
EPS actually 3.64 3.19 5.08 3.79
Price change % 7.19% -5.39% 4.15% 0.37%

stock performance

Dick’s Sporting Goods shares traded at $75.27 on May 23. Over the past 52 weeks, shares are down 26.72%. Given that these returns are generally negative, long-term shareholders are likely to be bearish on this earnings release.

To follow all earnings releases for Dick’s Sporting Goods, visit the earnings calendar on our website.

This article was created by Benzinga’s automated content engine and reviewed by an editor.