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

Former BL Stores

01/12/2022 14:31

* Big Lots Inc  BIG.N  reported a quarterly adjusted loss of
$2.99​​ per share for the quarter ended in October. The mean
expectation of eight analysts for the quarter was for a loss of
$2.94 per share.
    * Revenue fell 9.8% to $1.20 billion from a year ago;
analysts
expected $1.21 billion. 
    * Big Lots Inc's reported EPS for the quarter was a loss of
$3.56​.
    * The mean earnings estimate of analysts had risen by
about 3.3%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Big Lots Inc shares had risen by 24.9% this quarter and
lost 56.7% so far this year.
    * The company reported a quarterly loss of $103.01 million.
    * Wall Street's median 12-month price target for Big Lots
Inc is
$21.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"hold" and 3 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data December
1 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2022      -2.94          -2.99          Missed
 Jul. 31 2022      -2.47          -2.28          Beat
 Apr. 30 2022      0.93           -0.39          Missed
 Jan. 31 2022      1.89           1.75           Missed