Recap: BJ's Wholesale Club Q1 Earnings
Portfolio Pulse from Benzinga Insights
BJ's Wholesale Club (NYSE:BJ) reported Q1 earnings with in-line EPS of $0.85 and revenue up $227 million YoY. Last quarter, the company beat EPS estimates by $0.13, followed by a 1.68% drop in share price the next day.
May 23, 2023 | 10:50 am
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BJ's Wholesale Club reported Q1 earnings with in-line EPS of $0.85 and revenue up $227 million YoY. Last quarter, the company beat EPS estimates, followed by a 1.68% drop in share price.
BJ's Wholesale Club reported in-line EPS for Q1, which may not trigger significant stock price movement. However, the revenue increase of $227 million YoY is a positive sign for the company. Last quarter, the company beat EPS estimates but experienced a 1.68% drop in share price the next day, indicating that investors may have mixed reactions to the earnings report.
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