Preview Of Big 5 Sporting Goods Corporation ($BGFV) 3Q20 Earnings

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Big 5 Sporting Goods Corporation (NASDAQ:BGFV) is reporting third quarter financial results on Tuesday 27th October 2020, after market close.

The Company Outlook

Earnings for 3Q20 are anticipated in a range of $ 1.00 ~ $ 1.30 per share

Click Here For More Historical Outlooks Of Big 5 Sporting Goods Corporation

Previous Quarter Performance

Big 5 Sporting Goods Corporation outlined income for the second quarter of $ 0.52 per share, from the revenue of $ 227.94 million. Street analysts expected $ 265.99 million. The top line results fell short of analysts by $ 38.05 million or 14.31 percent.

Stock Performance

Shares of Big 5 Sporting Goods Corporation traded up $ 0.10 or 1.23 percent on Friday, reaching $ 8.21 with volume of 671.80 thousand shares. Big 5 Sporting Goods Corporation has traded high as $ 8.35 and has cracked $ 8.04 on the downward trend

According to the previous trading day, closing price of $ 8.21, representing a 1,147.69 % increase from the 52 week low of $ 0.65 and a 16.56 % decrease over the 52 week high of $ 9.72.

The company has a market capital of $ 179.81 million and is part of the Consumer Cyclical sector and Specialty Retail industry.

Recent Stock Dividend Announcement

The board of directors has authorized quarterly dividend of $ 0.05 per share on July 28, 2020. The dividend were payable on September 15, 2020 to holders of record as of the close of business on September 1, 2020 and ex-dividend date on August 31, 2020.

Conference Call

Big 5 Sporting Goods Corporation will be hosting a conference call at 5:00 PM eastern time on 27th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.big5sportinggoods.com

Big 5 Sporting Goods Corporation operates as a sporting goods retailer in the western United States. The company offers athletic shoes, apparel, and accessories, as well as a selection of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, winter and summer recreation, and roller sports. It also provides private label items, such as shoes, apparel, camping equipment, fishing supplies, and snow sport equipment.