Big Lots Inc expected to post a loss of $3.91 a share - Earnings Preview

Former BL Stores

04/06/2024 14:03

* Big Lots Inc  BIG.N   BIG  is expected to show a fall in
quarterly revenue when it reports  results on June 6 for the
period ending April 30 2024
    * The Columbus Ohio-based  company is expected to report a
7.4% decrease in revenue to $1.04 billion from $1.12 billion a
year ago, according to the mean estimate from 6 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Big Lots Inc is for a
loss of
$3.91 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and 3 "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 Big Lots
Inc is
$4.50​, above​ its last closing price of $3.47. ​​​

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. 1 0001   -0.13       -0.23      -0.28     Missed  -22.5
 Oct. 31 0001  -4.64       -4.66      -4.38     Beat    6
 Jul. 31 2023  -4.16       -4.12      -3.24     Beat    21.3​
 Apr. 30 2023  -1.78       -1.82      -3.40     Missed  -86.4
 ​​Jan.        -0.77       -0.85      -0.28     Beat    67.1
 31 2023                                                
 Jan. 1 0001   -2.93       -2.94      -2.99     Missed  -1.8​
 Jan. 1 0001   -2.46       -2.47      -2.28     Beat    7.6
 Apr. 30 2022  0.79        0.95       -0.39     Missed  -141
 This summary was machine generated June 4 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)