BJ's Wholesale Club (BJ) Tops Earnings Estimates - Well Positioned in Near and Long-term
- Futures extend losses after economic data
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- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
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- After-hours movers: Meta, Ford, IBM, ServiceNow and more
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- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
BJ's Wholesale (BJ) PT Raised to $90 at Jefferies
August 19, 2022 8:17 AM EDTJefferies analyst Stephanie Wissink raised the price target on BJ's Wholesale (NYSE: BJ) to $90.00 (from $85.00) while maintaining a Buy rating following the Q2 beat.
The analyst commented, "2Q results demonstrate the strength of value in the current environment, as comps (ex. fuel) of... More
UPDATE: BofA Securities Upgrades BJ's Wholesale (BJ) to Buy on Strong Trends in Tough Environment
August 18, 2022 9:47 AM EDT(Updated - August 18, 2022 9:52 AM EDT)
BofA Securities analyst Robert Ohmes upgraded BJ's Wholesale (NYSE: BJ) from Neutral to Buy with a price target of $83.00 (from $72.00).
The analyst comments "We upgrade BJ to Buy from Neutral, and raise our PO to... More
BJ's Wholesale Club (BJ) Tops Q2 EPS by 27c, Comps Rise 19.8%; Raises Outlook
August 18, 2022 6:52 AM EDTBJ's Wholesale Club (NYSE: BJ) reported Q2 EPS of $1.06, $0.27 better than the analyst estimate of $0.79. Revenue for the quarter came in at $5.01 billion versus the consensus estimate of $4.62 billion. Total comparable club sales increased by 19.8% year-over-year.
GUIDANCE:
BJ's Wholesale... More