Academy Sports And Outdoors, Inc. Q4 Profit Decreases, But Beats Estimates

(RTTNews) - Academy Sports and Outdoors, Inc. (ASO) reported earnings for fourth quarter that decreased from last year but beat the Street estimates.

The company's bottom line came in at $133.63 million, or $1.89 per share. This compares with $168.17 million, or $2.21 per share, last year.

Excluding items, Academy Sports and Outdoors, Inc. reported adjusted earnings of $138.76 million or $1.96 per share for the period.

Analysts on average had expected the company to earn $1.82 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period fell 6.6% to $1.676 billion from $1.794 billion last year.

Academy Sports and Outdoors, Inc. earnings at a glance (GAAP) :

-Earnings: $133.63 Mln. vs. $168.17 Mln. last year. -EPS: $1.89 vs. $2.21 last year. -Revenue: $1.676 Bln vs. $1.794 Bln last year.