Big 5 Sporting Goods BGFV reported its Q4 earnings results on Tuesday, February 27, 2024 at 04:01 PM.
Here's what investors need to know about the announcement.
Earnings
Big 5 Sporting Goods missed estimated earnings by -5.0%, reporting an EPS of $-0.41 versus an estimate of $-0.39.
Revenue was down $41.96 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.08 which was followed by a 23.0% drop in the share price the next day.
Here's a look at Big 5 Sporting Goods's past performance:
Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
---|---|---|---|---|
EPS Estimate | 0.16 | -0.03 | 0.03 | 0.07 |
EPS Actual | 0.08 | -0.01 | 0.01 | 0.08 |
Revenue Estimate | 243.62M | 227.89M | 229.16M | 238.29M |
Revenue Actual | 239.89M | 223.57M | 224.94M | 238.31M |
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
Big 5 Sporting Goods management provided guidance for Q1 2024, expecting earnings between $-0.4 and $-0.3 per share.
To track all earnings releases for Big 5 Sporting Goods visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.