Recap: Burlington Stores Q2 Earnings

Burlington Stores BURL reported its Q2 earnings results on Thursday, August 25, 2022 at 06:45 AM.

Here's what investors need to know about the announcement.

Earnings

Burlington Stores beat estimated earnings by 52.17%, reporting an EPS of $0.35 versus an estimate of $0.23.

Revenue was down $228.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.11 which was followed by a 1.04% increase in the share price the next day.

Here's a look at Burlington Stores's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Burlington Stores management provided guidance for FY 2022, expecting earnings between $3.7 and $4.3 per share.

To track all earnings releases for Burlington Stores visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.