Payload Logo

Dick's: Fiscal Q3 Earnings Snapshot

By AP News
Published

CORAOPOLIS, Pa. (AP) — CORAOPOLIS, Pa. (AP) — Dick's Sporting Goods Inc. (DKS) on Tuesday reported fiscal third-quarter net income of $201.1 million.

The Coraopolis, Pennsylvania-based company said it had profit of $2.39 per share. Earnings, adjusted for non-recurring costs, came to $2.85 per share.

The results surpassed Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $2.44 per share.

The sporting goods retailer posted revenue of $3.04 billion in the period, also topping Street forecasts. Nine analysts surveyed by Zacks expected $2.96 billion.

Dick's expects full-year earnings in the range of $12 to $12.60 per share.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DKS at https://www.zacks.com/ap/DKS

📬 Sign up for the Daily Brief

Our free, fast and fun briefing on the global economy, delivered every weekday morning.