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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