Tuesday, May 31, 2016

Big Lots Inc. (BIG) Climbed To A New High After Stronger Than Expected Q1 Profit

Big Lots Inc. (BIG) reported first quarter EPS of $0.82 Friday morning, up from $0.61 in the prior year period. Analysts expected EPS of $0.70. Second quarter EPS is expected to be between $0.42 and $0.47. The company also increased its full year EPS forecast to between $3.35 and $3.50, from prior expectations of $3.20 to $3.35. The consensus estimates are for EPS of $0.45 and $3.30 respectively.

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