Earnings Volatility Drives These Stocks in a New Direction

Dick’s Sporting Goods Inc. (NYSE:DKS) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 35.53% to $1.03 in the quarter versus EPS of $0.76 in the year-earlier quarter. Revenue Rose 12.02% to $1.81 billion from the year-earlier quarter.

Dick’s Sporting Goods Inc. reported adjusted EPS income of $1.03 per share. By that measure, the company missed the mean analyst estimate of $1.06. It missed the average revenue estimate of $1.86 billion.

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DKS