Burlington Stores Inc reports results for the quarter ended April 30 - Earnings Summary

• Burlington Stores Inc BURL.N reported quarterly adjusted earnings of $1.60​​ per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of $1.35. The mean expectation of seventeen analysts for the quarter was for earnings of $1.41 per share. Wall Street expected results to range from $1.31 to $1.53 per share.

• Revenue rose 6.2% to $2.50 billion from a year ago; analysts expected $2.52 billion.

• Burlington Stores Inc's reported EPS for the quarter was $1.58​.

• The company reported quarterly net income of $100.83 million.

• Burlington Stores Inc shares had risen by 0.1% this quarter and lost 16.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 15.9% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the apparel & accessories retailers peer group is also "buy"

• Wall Street's median 12-month price target for Burlington Stores Inc is $330.00

This summary was machine generated from LSEG data May 29 at 01:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)