Earnings Outlook for Big Lots

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On Friday, August 28, Big Lots BIG will release its latest earnings report. Decipher the announcement with Benzinga's help.

Earnings and Revenue

Wall Street analysts see Big Lots reporting earnings of $2.7 per share on revenue of $1.61 billion. In the same quarter last year, Big Lots reported earnings per share of $0.53 on sales of $1.25 billion. The Wall Street estimate would represent a 409.43% increase in the company's earnings per share. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate 0.32 2.53 -0.20 0.40
EPS Actual 1.26 2.39 -0.18 0.53
Revenue Estimate 1.31 B 1.63 B 1.16 B 1.25 B
Revenue Actual 1.44 B 1.61 B 1.17 B 1.25 B

Stock Performance

Over the last 52-week period, shares are up 151.08%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Big Lots is scheduled to hold the call at 08:00:00 ET and can be accessed here: https://78449.themediaframe.com/dataconf/productusers/big/mediaframe/39902/indexl.html

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