Analyst Warns of Short Squeeze in Big Lots (BIG)

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Wedbush Remains Bullish on Big Lots (BIG) Following 2Q EPS Beat

August 31, 2015 9:22 AM EDT

Wedbush reiterated an Outperform rating and $58.00 price target on Big Lots (NYSE: BIG) following the company's 2Q15 earnings results. Adjusted EPS was reported at $0.40 vs. $0.31 last year, and was above guidance for $0.31-$0.35 and consensus' $0.34. Management raised guidance for 2015 EPS to $2.90-$3.00, from $2.80-$2.90,... More

Big Lots (BIG) Tops Q2 EPS by 6c

August 28, 2015 6:02 AM EDT

Big Lots (NYSE: BIG) reported Q2 EPS of $0.40, $0.06 better than the analyst estimate of $0.34. Revenue for the quarter came in at $1.21 billion versus the consensus estimate of $1.2 billion.

Comparable store sales for stores open at least fifteen months increased 2.8% for the second quarter... More