Big Lots, Inc. (NYSE:BIG) discount retailer, is reporting second quarter earnings results on Friday 28th August 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 2.70 per share.
For the full year, analysts predict revenues of $ 5935.29 million, while looking forward to income of $ 6.46 per share.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 3.20 ~ $ 3.40 per share
Click Here For More Historical Outlooks Of Big Lots, Inc.
Previous Quarter Performance
Big Lots, Inc. outlined income for the first quarter of $ 1.26 per share, from the revenue of $ 1,439.00 million. Street analysts expected Big Lots, Inc. to report income of $ 0.32 per share on revenue of $ 1310.00 million for the first quarter. The bottom line results beat street analysts by $ 0.94 or 293.75 percent, at the same time, top line results outshined analysts by $ 129.00 million or 9.85 percent.
Stock Performance
Shares of Big Lots, Inc. traded low $ -0.01 or -0.02 percent on Thursday, reaching $ 55.70 with volume of 2.17 million shares. Big Lots, Inc. has traded high as $ 57.24 and has cracked $ 54.00 on the downward trend
According to the previous trading day, closing price of $ 55.70, representing a 449.95 % increase from the 52 week low of $ 10.13 and a 2.67 % decrease over the 52 week high of $ 57.24.
The company has a market capital of $ 2.19 billion and is part of the Consumer Defensive sector and Discount Stores industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.30 per share on May 28, 2020. The dividend were payable on June 26, 2020 to holders of record as of the close of business on June 12, 2020 and ex-dividend date on June 11, 2020.
Conference Call
Big Lots, Inc. will be hosting a conference call at 8:00 AM eastern time on 28th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website 78449.themediaframe.com/dataconf/productusers/big/mediaframe/39902/indexl.html
Big Lots, Inc., through its subsidiaries, operates as a retailer in the United States. The company offers products under various merchandising categories, such as furniture category that includes upholstery, mattress, case goods, and ready-to-assemble departments; seasonal category, which comprises Christmas trim, lawn and garden, summer, and other holiday departments; soft home category that consists of fashion and utility bedding, bath, window, decorative textile, home organization, area rugs, home décor, and frames departments; and food category that includes beverage and grocery, candy and snacks, and specialty foods departments. It also provides merchandise under the consumables category, which comprises health, beauty and cosmetics, plastics, paper, chemical, and pet departments; hard home category, including small appliances, table top, food preparation, stationery, greeting cards, and home maintenance departments; and electronics, toys, and accessories category consisting of electronics, toys, jewelry, and hosiery departments.
