What Dicks Sporting Goods' Earnings Mean for Mutual Fund Investors (DKS)

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What Dicks Sporting Goods' Earnings Mean for Mutual Fund Investors (DKS)

Shauna O'Brien Nov 18, 2014



Inside Dicks Sporting Goods’ Q3 Results


The company reported net income of $49.21 million, or 41 cents per share, down from $50 million, or 40 cents per share, in the year prior. On average, analysts expected to see EPS of 41 cents.

Revenue
Revenue increased to $1.53 billion from $1.4 billion a year ago. Analysts expected to see total revenue of $1.53 billion.

Outlook
Looking forward, the company expects to see FY2014 earnings between $2.75 and $2.85 per share, which is in-line with analysts’ estimate of $2.79 per share. For the third quarter, the company expects to see earnings between $1.18 and $1.28 per share, while analysts expect to see $1.21 per share in earnings.


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