Dick's Sporting Goods (NYSE: DKS ) is expected to report Q2 earnings on Aug. 14. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Dick's Sporting Goods' revenues will expand 9.4% and EPS will improve 23.1%.
The average estimate for revenue is $1.43 billion. On the bottom line, the average EPS estimate is $0.64.
Last quarter, Dick's Sporting Goods reported revenue of $1.28 billion. GAAP reported sales were 15% higher than the prior-year quarter's $1.11 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.45. GAAP EPS of $0.45 for Q1 were 50% higher than the prior-year quarter's $0.30 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 30.8%, 110 basis points better than the prior-year quarter. Operating margin was 7.5%, 170 basis points better than the prior-year quarter. Net margin was 4.5%, 110 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $5.86 billion. The average EPS estimate is $2.54.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 397 members out of 459 rating the stock outperform, and 62 members rating it underperform. Among 153 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 137 give Dick's Sporting Goods a green thumbs-up, and 16 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Dick's Sporting Goods is outperform, with an average price target of $53.39.
If you're invested in retailers like Dick's Sporting Goods, you should check out the concept that is The Motley Fool's top stock for 2012. Its founder wrote the book on big box retailing, and it's growing in increasingly important international markets. Click here for instant access to this free report.
- Add Dick's Sporting Goods to My Watchlist.