Burlington Stores Inc expected to post earnings of 95 cents a share - Earnings Preview

Burlington Stores

27/08/2024 14:56

* Burlington Stores Inc  BURL.N   BURL.K  is expected
to show a
rise in quarterly revenue when it reports  results on August 29
for the period ending July 31 2024
    * The Burlington New Jersey-based  company is expected to
report a
11.3% increase in revenue to $2.415 billion from $2.17 billion a
year ago, according to the mean estimate from 18 analysts, based
on LSEG data.The company's guidance on May 30 2024, for the
period ended July 31, was for revenue between $2.37 billion and
$2.41 billion.
    * ​LSEG's mean analyst estimate for Burlington Stores Inc is
for
earnings of 95 cents per share. The company's EPS guidance on
May 30 2024, for the period ended July 31, was between $0.83 and
$0.93 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 18 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Burlington
Stores
Inc is $279.00​, above​ its last closing price of $275.61. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Apr. 30 2024  1.06        1.05       1.35      Beat    29.1
 Jan. 31 2024  3.32        3.30       3.66      Beat    10.9
 Oct. 31 2023  0.95        0.99       0.98      Missed  -1.1​
 Jul. 31 2023  0.44        0.43       0.60      Beat    38.1
 ​​Jan.        0.91        0.92       0.84      Missed  -8.9
 1 0001                                                 
 Jan. 31 2023  2.75                   2.96              8.5​
 Oct. 31 2022  0.53        0.52       0.43      Missed  -17.4
 Jul. 31 2022  0.17        0.23       0.35      Beat    54.8
 This summary was machine generated August 27 at 13:56 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)