BJ's Wholesale Club's Earnings Outlook
Portfolio Pulse from Benzinga Insights
BJ's Wholesale Club (NYSE:BJ) is anticipated to report a quarterly EPS of $1.06 on March 7, 2024. Analysts and investors are keen on whether BJ will surpass this estimate and provide positive future guidance. Historically, BJ's share price has shown mixed reactions to earnings reports, with minor fluctuations regardless of beating or missing EPS estimates. Currently, BJ's shares are trading at $73.22, marking a 2.97% decline over the last year, indicating investor concern ahead of the earnings release.
March 06, 2024 | 2:02 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
BJ's Wholesale Club is expected to report a quarterly EPS of $1.06 on March 7, 2024. The focus is on whether it will exceed this estimate and the future guidance provided. The stock has experienced a 2.97% decline over the past year, reflecting investor apprehension.
BJ's Wholesale Club's upcoming earnings report and the anticipated EPS of $1.06 are crucial for investors, especially given the stock's 2.97% decline over the last year. The historical performance indicates that while BJ has occasionally beaten EPS estimates, the stock price reaction has been relatively muted. Therefore, the short-term impact on BJ's stock price is likely to hinge more on the future guidance provided rather than merely beating or missing the EPS estimate. Given the mixed historical price reactions to past earnings reports, a neutral score is assigned.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100