BIG - Big Lots, Inc.

See what the IHS Markit Score report has to say about Big Lots Inc.

Big Lots Inc NYSE:BIGView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is moderate and increasing * Economic output in this company's sector is contracting Bearish sentimentShort interest | NegativeShort interest is moderately high for BIG with between 10 and 15% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on June 13. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding BIG totaled $68.42 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Consumer Servicesis falling. The rate of decline is significant relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

Edited Transcript of BIG earnings conference call or presentation 31-May-19 12:00pm GMT

Q1 2019 Big Lots Inc Earnings Call

Big Lots Hit With Big Downgrade

Big Lots, Inc. (NYSE: BIG ) reported a "low quality" first-quarter earnings beat, which prompted Bank of America to turn bearish on the stock. The Analyst Bank of America's Jason Haas downgraded ...

Big Lots Stock Is Dropping as Renovations Are Unlikely to Help Sales

Bank of America Merrill Lynch warned that the company’s store remodeling won’t be enough to lift the discounter out of its funk.

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Big Lots reports positive results for the first quarter

Big Lots Shares Rise 12% On Q1 Earnings Beat

Big Lots (NYSE: BIG ) reported quarterly earnings of 92 per share, which beat the analyst consensus estimate of 70 cents. This is a 3.16-percent decrease over earnings of 95 cents per share from the same ...

Big Lots shares soar after earnings blow past estimates

Big Lots Inc. stock soared 9.2% in Friday premarket trading after the retailer reported first-quarter earnings that far exceeded the FactSet consensus. Net income was $15.5 million, or 39 cents per share, down from $31.2 million, or 74 cents per share, last year. Adjusted EPS was 92 cents, well ahead of the 70-cent FactSet consensus. Sales of $1.30 billion, were up from $1.27 billion and above the $1.29 billion FactSet estimate. Same-store sales grew 1.5%, missing the 2.2% growth FactSet forecast. "Our first quarter sales result represents the fourth consecutive quarter of positive comps, which is encouraging in light of the delayed income tax refunds and macro weather challenges in many of our markets," said Bruce Thorn, chief executive of Big Lots. For the second quarter, Big Lots expects adjusted EPS of 35 cents to 45 cents and same-store sales growth in the low-single digits. FactSet expects EPS of 43 cents and a 2.1% same-store sales increase. For the year, Big Lots is guiding for EPS in the range of $3.70 to $3.85 and same-store sales growth in the low-single digits. FactSet is guiding for EPS of $3.64 and a same-store increase of 2%. Big Lots stock has fallen 10% for the year to date while the S&P 500 index has gained 11.3%.

Big Lots: Fiscal 1Q Earnings Snapshot

The Columbus, Ohio-based company said it had profit of 39 cents per share. Earnings, adjusted for restructuring costs and non-recurring costs, were 92 cents per share. The results beat Wall Street expectations. ...

Stocks - Uber, Big Lots Rise Premarket; Amazon, Tesla Fall

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