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Big Lots Q2 adjusted earnings beat estimates

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Christian Fernsby ▼ | August 30, 2019
Big Lots revealed a profit for second quarter that fell from last year.
Big Lots
Big Lots   The company's bottom line was $6.18 million
The company's bottom line was $6.18 million, or $0.16 per share. This compares with $24.16 million, or $0.59 per share, in last year's second quarter.

Topics: Big Lots

Excluding items, Big Lots Inc. reported adjusted earnings of $20.64 million or $0.53 per share for the period.

Analysts had expected the company to earn $0.40 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.5% to $1.25 billion from $1.22 billion last year.


 

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