Big Lots: Q2 Earnings Insights

 

Big Lots BIG reported its Q2 earnings results on Tuesday, August 30, 2022 at 06:00 AM.

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

Earnings

Big Lots beat estimated earnings by 7.69%, reporting an EPS of $-2.28 versus an estimate of $-2.47.

Revenue was down $111.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $1.32 which was followed by a 12.1% drop in the share price the next day.

Here's a look at Big Lots's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.93 1.90 -0.16 1.13
EPS Actual -0.39 1.75 -0.14 1.09
Revenue Estimate 1.46B 1.72B 1.32B 1.48B
Revenue Actual 1.38B 1.73B 1.34B 1.46B

To track all earnings releases for Big Lots visit their earnings calendar here.

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

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