Burlington Stores: Q1 Earnings Insights
Portfolio Pulse from Benzinga Insights
Burlington Stores (NYSE:BURL) reported Q1 earnings with an EPS of $0.84, missing estimates by 8.7%. Revenue was up $207 million YoY. Last quarter, the company beat EPS estimates by $0.23, resulting in a 1.99% share price increase the next day.
May 25, 2023 | 10:55 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Burlington Stores missed Q1 earnings estimates with an EPS of $0.84, an 8.7% miss. Revenue increased by $207 million YoY. Last quarter, beating EPS estimates resulted in a 1.99% share price increase.
Burlington Stores missed Q1 earnings estimates, which could negatively impact the stock price in the short term. In the previous quarter, beating EPS estimates resulted in a 1.99% share price increase the next day, indicating that the market reacts to Burlington's earnings performance. The 8.7% miss in EPS and the YoY revenue increase are significant factors for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100