Burlington Stores Inc reports results for the quarter ended October 31 - Earnings Summary

Burlington Stores

26/11/2024 14:32

* Burlington Stores Inc  BURL.N  reported quarterly adjusted
earnings of $1.55​​ per share for the quarter ended October 31,
higher than the same quarter last year, when the company
reported EPS of 98 cents.  The mean expectation of
nineteen analysts for the quarter was for earnings of $1.54 per
share. Wall Street expected results to range from $1.46 
to $1.61 per share.
    * Revenue rose 10.8% to $2.53 billion from a year ago;
analysts
expected $2.55 billion. 
    * Burlington Stores Inc's reported EPS for the quarter was
$1.40​.
    * The company reported quarterly net income of $90.6
million.
    * Burlington Stores Inc shares had risen by 10.7% this
quarter and
gained 50.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 12.6%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 19 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the apparel &
accessories retailers peer group is also "buy"

Wall Street's median 12-month price target for Burlington Stores
Inc is $315.00 
This summary was machine generated from LSEG data November 26 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2024      1.54           1.55           Beat
 Jul. 31 2024      0.95           1.20           Beat
 Apr. 30 2024      1.05           1.35           Beat
 Jan. 31 2024      3.30           3.66           Beat