Will Big Lots Beat These Analyst Estimates? (BIG)

Will Big Lots Beat These Analyst Estimates?

Big Lots (NYSE: BIG ) is expected to report Q2 earnings around Aug. 8. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Big Lots's revenues will expand 6.2% and EPS will drop 18%.

The average estimate for revenue is $1.24 billion. On the bottom line, the average EPS estimate is $0.41.

Revenue details
Last quarter, Big Lots booked revenue of $1.29 billion. GAAP reported sales were 5.5% higher than the prior-year quarter's $1.23 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $0.68. GAAP EPS of $0.63 for Q1 were 10% lower than the prior-year quarter's $0.70 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 40.0%, 30 basis points worse than the prior-year quarter. Operating margin was 5.8%, 120 basis points worse than the prior-year quarter. Net margin was 3.1%, 120 basis points worse than the prior-year quarter.

Looking ahead
The full year's average estimate for revenue is $5.58 billion. The average EPS estimate is $3.30.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 361 members out of 450 rating the stock outperform, and 89 members rating it underperform. Among 104 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 75 give Big Lots a green thumbs-up, and 29 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Big Lots is outperform, with an average price target of $45.55.

Add Big Lots to My Watchlist.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment icon found on every comment.