Burlington Stores, Inc. (NYSE:BURL) retailer of branded apparel products, is reporting third quarter earnings results on Tuesday 24th November 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.16 per share.
For the full year, analysts predict revenues of $ 5487.81 million, while looking forward to loss of $ 2.45 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 7,869.00 million ~ $ 7,942.00 million, where as bottomline are predicted in a range of $ 7.97 ~ $ 8.12 per share
Click Here For More Historical Outlooks Of Burlington Stores, Inc.
Previous Quarter Performance
Burlington Stores, Inc. communicated loss for the second quarter of $ 0.56 per share, from the revenue of $ 1,012.00 million. The quarterly revenues contracted 38.90 percent compared with the same quarter last year. According to street consensus, BURL was expected to report 2Q20 loss of $ 1.04 per share from revenue of $ 1110.73 million. The bottom line results beat street analysts by $ 0.48 or 46.15 percent, at the same time, top line results fell short of analysts by $ 98.73 million or 8.89 percent.
Stock Performance
Shares of Burlington Stores, Inc. traded low $ -2.53 or -1.09 percent on Monday, reaching $ 230.00 with volume of 997.60 thousand shares. Burlington Stores, Inc. has traded high as $ 235.87 and has cracked $ 229.43 on the downward trend
According to the previous trading day, closing price of $ 230.00, representing a 120.05 % increase from the 52 week low of $ 105.67 and a 7.32 % decrease over the 52 week high of $ 250.89.
The company has a market capital of $ 15.22 billion and is part of the Consumer Defensive sector and Discount Stores industry.
Conference Call
Burlington Stores, Inc. will be hosting a conference call at 8:30 AM eastern time on 24th November 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, 1-866-437-5084 or 1-409-220-9374 Toll Number in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.burlingtoninvestors.com
Burlington Stores, Inc. operates as a retailer of branded apparel products in the United States. The company offers fashion-focused merchandise, including womens ready-to-wear apparel, accessories, footwear, menswear, youth apparel, coats, toys, and gifts, as well as baby, home, and beauty products.
