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

Former BL Stores

29/08/2023 14:32

* Big Lots Inc  BIG.N  reported a quarterly adjusted loss of
$3.24​​ per share for the quarter ended in July. The mean
expectation of ten analysts for the quarter was for a loss of
$4.12 per share.
    * Revenue fell 15.4% to $1.14 billion from a year ago;
analysts
expected $1.10 billion. 
    * Big Lots Inc's reported EPS for the quarter was a loss of
$8.56​.
    * The mean earnings estimate of analysts had fallen by
about 26.9%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Big Lots Inc shares had fallen by 28.9% this quarter and
lost 57.3% so far this year.
    * The company reported a quarterly loss of $249.84 million.
    * Wall Street's median 12-month price target for Big Lots
Inc is
$6.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and 5 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 29 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2023      -4.12          -3.24          Beat
 Apr. 30 2023      -1.82          -3.40          Missed
 Jan. 31 2023      -0.85          -0.28          Beat
 Oct. 31 2022      -2.94          -2.99          Missed