Newz(DKS) on Tuesday reported fiscal second-quarter earnings of $315.5 million. On a per-share basis, the Coraopolis, Pennsylvania-based company said it had profit of $3.50. Earnings, adjusted for one-time gains and costs, came to $3.53 per share.
The results did not meet Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $3.78 per share. The sporting goods retailer posted revenue of $5.59 billion in the period, which also did not meet Street forecasts.
Seven analysts surveyed by Zacks expected $5.64 billion. Dick’s expects full-year earnings in the range of $11 to $12 per share, with revenue in the range of $21.9 billion to $22.2 billion. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research.
Access a Zacks stock report on DKS at https://www.zacks.com/ap/DKS Source TORONTO (AP) — TORONTO (AP) — Bank of Nova Scotia (BNS) on Tuesday reported fiscal third-quarter earnings of $2.08 billion. The bank, based in Toronto, said it had earnings of $1.63 per share.
Earnings, adjusted for non-recurring costs, came to $1.64 per share. The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.53 per share.
The bank posted revenue of $13.4 billion in the period. Its revenue net of interest expense was $7.55 billion, also exceeding Street forecasts. Bank of Nova Scotia shares have increased 18% since the beginning of the year.
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