Factors Likely to Influence Big Lots (BIG) Earnings in Q3

ZUMZ COST BIG CASY

Big Lots, Inc. (BIG - Free Report) is slated to report third-quarter fiscal 2018 results on Dec 7. In the trailing four quarters, it has underperformed the Zacks Consensus Estimate by average of 1.5%. In the last reported quarter, this Ohio-based company delivered a negative earnings surprise of 11.9%.

Which Way Are Estimates Heading?

The Zacks Consensus Estimate for the quarter under review is pegged at break-even compared with earnings of 6 cents per share reported in the year-ago quarter. We note that the Zacks Consensus Estimate remained stable in the past 30 days.

The Zacks Consensus Estimate for revenues is $1,139 million, up 2.6% from $1,111 million in the year-ago quarter. We note that total revenues of this Zacks Rank #3 (Hold) company increased 0.2% in the last reported quarter.

Big Lots, Inc. Price and EPS Surprise

 

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