Save the date! Thursday 29th August 2024, is when Burlington Stores (BURL) will be sharing its eagerly awaited second quarter financial results. Investors and analysts will be able to gain valuable insights into the company's financial performance as the announcement is scheduled before market open.
As per the projections made by financial experts on Wall Street, the establishment is expected to announce an estimated $0.95 profit per share for the quarter. Moreover, the firm is likely to disclose a quarterly revenue of $2.41 billion.
Wall Street analysts have unveiled their forecasts for the company's yearly performance, estimating a total revenue of $10.6 billion. Additionally, they expect the company to reach profit of $7.69 per share for the fiscal year.
When examining the earnings report from the corresponding quarter of the previous year, it is evident that the company showcased per-share income of $0.6. This numbers can be credited to the company's total revenue, which amounted to an impressive $2.18 billion during the same quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q1 2024 | $1.35 | +60.7% | 2.36 B | +10.5% |
| Q4 2023 | $3.69 | +24.7% | 3.13 B | +13.9% |
| Q3 2023 | $1.10 | +155.8% | 2.29 B | +12.2% |
| Q2 2023 | $0.60 | +71.4% | 2.18 B | +9.4% |
*Growth on year-over-year basis
Additionally, The company will host a conference call with investors and analysts on 29th August 2024 at 08:30 AM eastern time to review the Q2 2024 financial results.
During Tuesday's trading, Burlington Stores (BURL) shares reached a low of $270.25 and a high of $280.08, along with a total volume of 951.20 thousand shares. The stock ended the regular trading session at $278.99, indicating an increase of 1.23 percent.
