On Thursday 22nd August 2024, BJ's Wholesale Club (NYSE: BJ) will release its highly anticipated second quarter financial results. This important announcement is scheduled to occur before market open.
the establishment is expected to report an estimated per share $1.00 profit for the quarter, as predicted by financial analysts on Wall Street. Furthermore, the company is anticipated to disclose a total revenue of $5.15 billion during this period.
Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $20.52 billion. At the same time, they are expecting the company to achieve per share profit of $3.93 for the fiscal year ahead.
In the previous year's corresponding quarter, the company's earnings report revealed a per-share income of $0.97. Moreover, the company achieved a remarkable total revenue of $4.96 billion during that quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q1 2024 | $0.85 | 0% | 4.92 B | +4.1% |
| Q4 2023 | $1.11 | +11.0% | 5.36 B | +8.7% |
| Q3 2023 | $0.98 | -1.0% | 4.93 B | +2.9% |
| Q2 2023 | $0.97 | -8.5% | 4.96 B | -2.8% |
*Growth on year-over-year basis
BJ's Wholesale Club (BJ) closed Wednesday's regular trading session at $87.62, showing a 1.31 percent upturn. During the day, BJ shares traded between $87.18 and $88.97, with a day volume of 2.30 million shares.