FMP
Nov 24, 2021 12:42 AM - Davit Kirakosyan
Burlington Stores, Inc. (NYSE:BURL) shares closed more than 8% higher on Tuesday, following the company’s reported Q3 results, with revenue coming in at $2.30 billion, beating the consensus estimate of $2.23 billion. However, comparable store sales growth of 16% fell short of the Street estimate of 19.4%.
Management highlighted positive performance of new stores, especially the smaller prototype stores (25,000 sq. ft.), mentioning that it will accelerate the pace of new store openings.
Similar to the previous quarter, the company did not provide forward sales guidance, which is surprising, given the fact that its notoriously conservative peer ROST once again provided detailed guidance in connection with its Q3 results last week.
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...