FMP
Nov 26, 2022 1:06 AM - Davit Kirakosyan(Last modified: Dec 19, 2023 5:49 PM)
Burlington Stores (NYSE:BURL) gained more than 24% since the company’s reported Q3 results on Tuesday on positive commentary and despite EPS and revenue miss. EPS was $0.43, missing the Street estimate of $0.52. Revenue came in at $2.04 billion, worse than the Street estimate of $2.06 billion.
The company took meaningful steps during the quarter to sharpen value and improve its product mix and has seen an improvement in trends from mid-October through November.
The company expects Q4/23 EPS in the range of $2.45-$2.75, compared to the Street estimate of $2.61. Comparable store sales are expected to decrease from 9% to 6%.
For fiscal 2023, the company expects EPS to be in the range of $3.77-$4.07, compared to the Street estimate of $4.00. Comparable store sales are seen in the range of negative 15% to 14%.
Jan 16, 2024 4:18 PM - Samuel Abdelshahid
In the hustle and bustle of the trading world, having a trustworthy laptop is like having a reliable partner by your side. Making well-informed decisions and staying ahead of market trends become second nature with the right device. However, the quest for a budget-friendly trading laptop t...
Jan 21, 2024 4:00 AM - Parth Sanghvi
Introduction: In the world of financial analysis, a profound grasp of essential profitability metrics is vital. This blog delves into three pivotal metrics—ROE (Return on Equity), ROA (Return on Assets), and Net Profit Margin—offering clear insights without unnecessary complexity. Exploring RO...
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...