Big Lots Reports Third Quarter Adjusted Results Consistent With Guidance
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December 7, 2015 1:37 PM EST
Wedbush maintained an Outperform rating on Big Lots (NYSE: BIG), and cut the price target to $52.00 (from $58.00), following the company's 3Q earnings and 4Q guidance. Both results and guidance were in-line but management tempered expectations for 2016 by saying that EPS growth would be... More
December 7, 2015 6:33 AM EST
Piper Jaffray downgraded Big Lots (NYSE: BIG) from Overweight to Neutral with a price target of $43.00 (from $61.00), citing too much uncertainty for 2016.
Analyst Peter Keith commented, "We are downgrading BIG to Neutral and lowering our PT from $61 to $43 (13x 2016 EPS of $3.33). Our... More
December 4, 2015 6:25 AM EST
Big Lots (NYSE: BIG) reported Q3 EPS of ($0.01), $0.01 worse than the analyst estimate of $0.00. Revenue for the quarter came in at $1.12 billion versus the consensus estimate of $1.12 billion.
Net sales for the third quarter of fiscal 2015 increased 0.8% to $1,116.5 million, as our comparable... More
December 4, 2015 6:23 AM EST
Big Lots (NYSE: BIG) declared a quarterly dividend of $0.19 per share, or $0.76 annualized.
The dividend will be payable on December 31, 2015, to stockholders of record on December 17, 2015, with an ex-dividend date of December 15, 2015.
The annual yield on the dividend is 1.8... More
