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Big Lots Inc. (BIG) revealed a profit for its fourth quarter that climbed from the same period last year.


RTTNews | Mar 5, 2021 06:05AM EST

06:05 Friday, March 5, 2021 (RTTNews.com) - Big Lots Inc. (BIG) revealed a profit for its fourth quarter that climbed from the same period last year.

The company's bottom line came in at $97.99 million, or $2.59 per share. This compares with $93.76 million, or $2.39 per share, in last year's fourth quarter.

Analysts had expected the company to earn $2.50 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 8.1% to $1.74 billion from $1.61 billion last year.

Big Lots Inc. earnings at a glance:

-Earnings (Q4): $97.99 Mln. vs. $93.76 Mln. last year.-EPS (Q4): $2.59 vs. $2.39 last year.-Analysts Estimate: $2.50-Revenue (Q4): $1.74 Bln vs. $1.61 Bln last year.

-Guidance:Next quarter EPS guidance: $1.30 to $1.45

Read the original article on RTTNews ( https://www.rttnews.com/3175224/big-lots-inc-profit-rises-in-q4.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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