Academy Sports + Outdoors beats earnings

Academy Sports + Outdoors came out with quarterly earnings of $1.69 per share, "beating the Zacks Consensus Estimate of $1.64 per share." This compares to earnings of $1.75 per share a year ago. These figures are "adjusted for non-recurring items." This quarterly report "represents an earnings surprise" of 3.05%. A quarter ago, it was expected that the company would "post earnings of $2.07 per share when it actually produced earnings of $2.30, delivering a surprise of 11.11%." Academy Sports + Outdoors posted revenues of $1.49B for the quarter ended October 2022, compared to year-ago revenues of $1.59B. Academy Sports + Outdoors shares have added "about 12.3% since the beginning of the year versus the S&P 500's decline of -17.3%" (YAHOO FINANCE, 12/7).