Share on StockTwits

Big Lots (NYSE:BIG) is scheduled to issue its Q214 quarterly earnings data on Friday, August 29th. Analysts expect the company to announce earnings of $0.30 per share and revenue of $1.20 billion for the quarter. Big Lots has set its Q2 guidance at $0.24-0.30 EPS and its FY15 guidance at $2.35-2.50 EPS.Parties that are interested in registering for the company’s conference call can do so using this link.

Big Lots (NYSE:BIG) last announced its earnings results on Friday, May 30th. The company reported $0.50 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.44 by $0.06. The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.26 billion. During the same quarter in the prior year, the company posted $0.61 earnings per share. The company’s quarterly revenue was down 2.3% on a year-over-year basis. On average, analysts expect Big Lots to post $2.48 EPS for the current fiscal year and $2.97 EPS for the next fiscal year.

Big Lots (NYSE:BIG) opened at 47.96 on Thursday. Big Lots has a 52-week low of $25.50 and a 52-week high of $48.52. The stock has a 50-day moving average of $45.20 and a 200-day moving average of $39.92. The company has a market cap of $2.660 billion and a P/E ratio of 28.81.

A number of research firms have recently commented on BIG. Analysts at Benchmark Co. raised their price target on shares of Big Lots from $49.00 to $53.00 in a research note on Tuesday. They now have a “buy” rating on the stock. On the ratings front, analysts at JPMorgan Chase & Co. raised their price target on shares of Big Lots from $46.00 to $53.00 in a research note on Friday, August 8th. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Big Lots in a research note on Monday, June 23rd. They now have a $49.00 price target on the stock, up previously from $43.00. Four analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Big Lots has a consensus rating of “Buy” and an average price target of $47.92.

Big Lots, Inc, through its wholly owned subsidiaries, is a North America’s closeout retailer. At January 28, 2012, the Company operated a total of 1,533 stores in two countries: the United States and Canada.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.