Big Lots Inc (BIG, Financial) is set to release its Q2 2024 earnings on Sep 6, 2024. The consensus estimate for Q2 2024 revenue is $1.04 billion, and the earnings are expected to come in at -$3.73 per share. The full year 2024's revenue is expected to be $4.36 billion and the earnings are expected to be -$12.93 per share. More detailed estimate data can be found on the Estimates page.
Big Lots Inc (BIG, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Big Lots Inc (BIG) for the full year 2024 have been revised downward from $4.45 billion to $4.36 billion. For 2025, the estimates have seen a decrease from $4.45 billion to $4.32 billion. In contrast, earnings estimates for 2024 have improved from -$15.12 per share to -$12.93 per share. However, the earnings forecast for 2025 has deteriorated, moving from -$8.50 per share to -$16.45 per share.
Big Lots Inc (BIG, Financial) Reported History
In the previous quarter of 2024-04-30, Big Lots Inc's (BIG) actual revenue was $1.01 billion, which missed analysts' revenue expectations of $1.04 billion by -2.96%. Big Lots Inc's (BIG) actual earnings were -$6.99 per share, which missed analysts' earnings expectations of -$3.94 per share by -77.28%. After releasing the results, Big Lots Inc (BIG) was flat in one day.
Big Lots Inc (BIG, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 4 analysts, the average target price for Big Lots Inc (BIG) is $2.63 with a high estimate of $6 and a low estimate of $1. The average target implies an upside of 413.7% from the current price of $0.51.
Based on GuruFocus estimates, the estimated GF Value for Big Lots Inc (BIG, Financial) in one year is $12.91, suggesting an upside of 2426.42% from the current price of $0.51.
Based on the consensus recommendation from 5 brokerage firms, Big Lots Inc's (BIG, Financial) average brokerage recommendation is currently 3.0, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
