Retailer Big Lots Inc BIG on Thursday morning released financial results that beat Wall Street earnings estimates 1 cent.
Big Lots Inc reported that is 1st quarter earnings climbed to $55.9 million, or 68 cents per share, up from $36.3 million, or 44 cents per share, a year earlier.
A poll of analysts conducted by Thomson Reuters showed an average Wall Street estimate of expected earnings of 67 cents per share per share.
Big Lots Inc increased its full-year forecast of earnings from continuing operations to a range of $2.75 to $2.85 per share.
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Posted In: EarningsNewsGuidanceMarketsConsumer DiscretionaryGeneral Merchandise StoresThomson Reuters
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