Dick's Sporting Goods: Q2 Earnings Insights

Dick's Sporting Goods DKS reported its Q2 earnings results on Tuesday, August 23, 2022 at 07:30 AM.

Here's what investors need to know about the announcement.

Earnings

Dick's Sporting Goods beat estimated earnings by 3.08%, reporting an EPS of $3.68 versus an estimate of $3.57.

Revenue was down $163.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.38 which was followed by a 8.24% increase in the share price the next day.

Here's a look at Dick's Sporting Goods's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Dick's Sporting Goods management provided guidance for FY 2022, expecting earnings between $10.0 and $12.0 per share.

To track all earnings releases for Dick's Sporting Goods visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.