Market Overview

Burlington Stores's Earnings Outlook

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Burlington Stores (NYSE: BURL) will be releasing its next round of earnings this Tuesday, November 24. For all of the relevant information, here is your guide for Tuesday's Q3 earnings announcement.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Analysts expect Burlington Stores earnings of $0.16 per share. Revenue will likely be around $1.53 billion, according to the consensus estimate. In the same quarter last year, Burlington Stores reported earnings per share of $1.55 on sales of $1.78 billion.

Why Analyst Estimates And Earnings Surprises Are Important

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

If the company were to report earnings in line when it publishes results Tuesday, earnings would be down 89.68%. Sales would be down 14.14% from the year-ago period. Here is how the Burlington Stores's reported EPS has stacked up against analyst estimates in the past:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019
EPS Estimate -1.04 -1.03 3.22 1.40
EPS Actual -0.56 -4.76 3.25 1.55
Revenue Estimate 1.11 B 956.42 M 2.20 B 1.78 B
Revenue Actual 1.01 B 801.52 M 2.21 B 1.78 B

Stock Performance

Over the last 52-week period, shares are up 3.66%. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Burlington Stores is scheduled to hold the call at 08:30:00 ET and can be accessed here.

 

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Posted-In: Earnings