Benzinga | Mar 3, 2021 10:41AM EST

Burlington Stores's Earnings Outlook

On Thursday, March 04, Burlington Stores (NYSE:BURL) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Analysts covering Burlington Stores modeled for quarterly EPS of $2.09 on revenue of $2.07 billion. In the same quarter last year, Burlington Stores reported earnings per share of $3.25 on sales of $2.21 billion.

Why Analyst Estimates And Earnings Surprises Are Important

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

If the company were to match the consensus estimate when it reports Thursday, earnings would be down 35.69%. Revenue would be down 6.29% on a year-over-year basis. Here is how the company's EPS has stacked up against analyst estimates in the past:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020EPS Estimate 0.16 -1.04 -1.03 3.22EPS Actual 0.29 -0.56 -4.76 3.25Revenue Estimate 1.53 B 1.11 B 956.42 M 2.20 BRevenue Actual 1.67 B 1.01 B 801.52 M 2.21 B

Stock Performance

Over the last 52-week period, shares are up 16.59%. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Burlington Stores is scheduled to hold the call at 08:30:00 ET and can be accessed here.