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Big Lots, Inc. (NYSE:BIG) announces its next round of earnings Friday, Aug. 30. Here is Benzinga's everything-that-matters guide for this Friday's second-quarter earnings announcement.
Earnings and Revenue
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Wall Street analysts see Big Lots reporting earnings of 40 cents per share on revenue of $1.25 billion.
Big Lots EPS in the same period a year ago totaled 59 cents. Sales were $1.22 billion. If the company were to report inline earnings when it publishes results Friday, quarterly profit would be down 32.2%. Revenue would be up 2.29% on a year-over-year basis. Here's how the company's EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2019 | Q4 2018 | Q3 2018 | Q2 2018 |
| EPS Estimate | 0.700 | 2.3 | 0.67 | |
| EPS Actual | 0.920 | 2.68 | -0.16 | 0.59 |
Stock Performance
Shares of Big Lots were trading at $21.41 as of Aug. 30. Over the last 52-week period, shares are down 56.23%. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release. Analyst estimates have adjusted lower for EPS and revenues over the past 90 days. The most common rating by analysts on Big Lots stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Big Lots is scheduled to hold a conference call at 8 a.m. ET and can be accessed here: https://78449.themediaframe.com/dataconf/productusers/big/mediaframe/32046/indexl.html
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.