Big Lots Reports Q1 Results
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Big Lots (BIG) PT Lowered to $2.50 at Telsey
June 7, 2024 5:08 AM EDTTelsey analyst Joseph Feldman lowered the price target on Big Lots (NYSE: BIG) to $2.50 (from $5.00) while maintaining a Market Perform rating.
The analyst comments "Big Lots 1Q24 was disappointing, as performance missed estimates and expectations were reset lower. The company reported 1Q24 adjusted EPS of ($4.51) vs. our... More
Big Lots (BIG) Misses Q1 EPS by 59c
June 6, 2024 7:06 AM EDTBig Lots (NYSE: BIG) reported Q1 EPS of ($4.51), $0.59 worse than the analyst estimate of ($3.92). Revenue for the quarter came in at $1.01 billion versus the consensus estimate of $1.04 billion.
Guidance:
For the second quarter of fiscal 2024, the company expects comp sales to improve sequentially relative to... More
