Big Lots Reports Second Quarter Earnings

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Big Lots (BIG) PT Lowered to $49 at MKM Partners

August 31, 2018 2:49 PM EDT

MKM Partners analyst Patrick McKeever lowered the price target on Big Lots (NYSE: BIG) to $49.00 (from $50.00) while maintaining a Buy rating.

McKeever commented, "Unfortunately, higher domestic transportation rates weighed on the quarter and caused an EPS miss and a big drop in the... More

Big Lots (BIG) PT Lowered to $52 at Deutsche Bank

August 31, 2018 12:51 PM EDT

Deutsche Bank analyst Paul Trussell lowered the price target on Big Lots (NYSE: BIG) to $52.00 (from $53.00) while maintaining a Buy rating following a "mixed" print.

Trussell said the .6% comp was "solid" and quarter-to-date commentary is "encouraging." On the negative side, the company... More

Big Lots (BIG) Misses Q2 EPS by 8c, Revenues Miss, Sales Comps of 1.6% Below 2% Guidance; Offers FY18 EPS Outlook Below Consensus

August 31, 2018 6:03 AM EDT

Big Lots (NYSE: BIG) reported Q2 EPS of $0.59, $0.08 worse than the analyst estimate of $0.67. Revenue for the quarter came in at $1.22 billion versus the consensus estimate of $1.23 billion.

GUIDANCE:

Big Lots sees FY2018 EPS of $4.40-$4.55, versus the consensus of... More