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Big Lots Inc. (BIG) reported earnings for second quarter that dropped from last year.


RTTNews | Aug 27, 2021 06:05AM EDT

06:05 Friday, August 27, 2021 (RTTNews.com) - Big Lots Inc. (BIG) reported earnings for second quarter that dropped from last year.

The company's profit came in at $37.71 million, or $1.09 per share. This compares with $451.97 million, or $11.29 per share, in last year's second quarter.

Analysts had expected the company to earn $1.13 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 11.0% to $1.46 billion from $1.64 billion last year.

Big Lots Inc. earnings at a glance:

-Analysts Estimate: $1.13-Revenue (Q2): $1.46 Bln vs. $1.64 Bln last year.

-Guidance:Next quarter EPS guidance: (-$0.10) to (-$0.20)Full year EPS guidance: $5.90 to $6.05

Read the original article on RTTNews ( https://www.rttnews.com/3221523/big-lots-inc-q2-earnings-summary.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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