Big 5 Sporting Goods BGFV reported its Q2 earnings results on Tuesday, August 2, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Big 5 Sporting Goods missed estimated earnings by 10.87%, reporting an EPS of $0.41 versus an estimate of $0.46.
Revenue was down $72.22 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04 which was followed by a 5.48% drop in the share price the next day.
Here's a look at Big 5 Sporting Goods's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | 0.37 | 0.85 | 1.13 | 1.08 |
EPS Actual | 0.41 | 0.89 | 1.07 | 1.63 |
Revenue Estimate | 242.28M | 273.40M | 314.60M | 291.65M |
Revenue Actual | 241.98M | 273.36M | 289.64M | 326.02M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Big 5 Sporting Goods management provided guidance for Q3 2022, expecting earnings between $0.22 and $0.32 per share.
To track all earnings releases for Big 5 Sporting Goods visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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