Big Lots Inc reports results for the quarter ended in January - Earnings Summary

Former BL Stores

02/03/2023 18:58

* Big Lots Inc  BIG.N  reported a quarterly adjusted loss
of 28
cents​​ per share for the quarter ended in January. The mean
expectation of nine analysts for the quarter was for a loss
of 85 cents per share.
    * Revenue fell 10.9% to $1.54 billion from a year ago;
analysts
expected $1.55 billion. 
    * Big Lots Inc's reported EPS for the quarter was a loss
of 43
cents​.
    * The mean earnings estimate of analysts had fallen by
about 397.1% in the last three months.​ 
    * In the last 30 days four analysts negatively revised
earnings
estimates 
    * Big Lots Inc shares had fallen by 6.6% this quarter.
    * The company reported a quarterly loss of $12.46 million.
    * Wall Street's median 12-month price target for Big Lots
Inc is
$15.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"hold" and 4 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data March 2
at 06:58 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 31 2023      -0.85          -0.28          Beat
 Oct. 31 2022      -2.94          -2.99          Missed
 Jul. 31 2022      -2.47          -2.28          Beat
 Apr. 30 2022      0.95           -0.39          Missed