Burlington Stores Inc expected to post earnings of $1.05 a share - Earnings Preview

Burlington Stores

28/05/2024 14:03

* Burlington Stores Inc  BURL.N   BURL.K  is expected
to show a
rise in quarterly revenue when it reports  results on May 30 for
the period ending April 30 2024
    * The Burlington New Jersey-based  company is expected to
report a
9.9% increase in revenue to $2.343 billion from $2.13 billion a
year ago, according to the mean estimate from 17 analysts, based
on LSEG data.The company's guidance on March 7 2024, for the
period ended April 30, was for revenue between $2.32 billion and
$2.37 billion.
    * ​LSEG's mean analyst estimate for Burlington Stores Inc is
for
earnings of $1.05 per share. The company's EPS guidance on March
7 2024, for the period ended April 30, was between $0.95 and
$1.10 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 16 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Burlington
Stores
Inc is $250.00​, above​ its last closing price of $200.37. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 31 2024  3.32        3.30       3.66      Beat    10.9
 Oct. 31 2024  0.95        0.99       0.98      Missed  -1.1
 Jul. 31 2023  0.44        0.43       0.60      Beat    38.1​
 Apr. 30 2023  0.91        0.92       0.84      Missed  -8.9
 ​​Jan.        2.75        2.73       2.96      Beat    8.5
 31 2023                                                
 Oct. 31 2022  0.53        0.52       0.43      Missed  -17.4​
 Jul. 31 2022  0.17        0.23       0.35      Beat    54.8
 Apr. 30 2022  0.58        0.65       0.54      Missed  -16.8
 This summary was machine generated May 28 at 13:03 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)