Burlington Stores Q2 Adj. EPS $0.60 Beats $0.43 Estimate, Sales $2.175B Beat $2.17B Estimate
Portfolio Pulse from Benzinga Newsdesk
Burlington Stores (NYSE:BURL) reported Q2 earnings of $0.60 per share, beating the analyst consensus estimate of $0.43 by 39.53%. This is a 71.43% increase from the same period last year. The company also reported quarterly sales of $2.17 billion, beating the analyst consensus estimate by 0.18%, a 9.36% increase from the same period last year.
August 24, 2023 | 10:45 am
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POSITIVE IMPACT
Burlington Stores reported strong Q2 earnings and sales, both beating analyst estimates. This indicates a positive financial performance and could lead to a short-term increase in stock price.
Burlington Stores reported a significant increase in earnings and sales compared to the same period last year, and also beat analyst estimates. This positive financial performance indicates a strong operational efficiency and could attract more investors, potentially leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100