BJ's Wholesale Club Q2 2024 Adj. EPS $1.09 Beats $1.00 Estimate, Sales $5.205B Beat $5.145B Estimate
Portfolio Pulse from Benzinga Newsdesk
BJ's Wholesale Club reported Q2 2024 earnings of $1.09 per share, surpassing the $1.00 estimate, and sales of $5.205 billion, exceeding the $5.145 billion estimate. This marks a 10.1% increase in EPS and a 4.86% rise in sales compared to the previous year.
August 22, 2024 | 10:45 am
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BJ's Wholesale Club reported better-than-expected Q2 2024 earnings and sales, with EPS of $1.09 beating estimates by 9% and sales of $5.205 billion exceeding expectations by 1.16%.
The company's earnings per share and sales both exceeded analyst expectations, indicating strong financial performance. This positive earnings surprise is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100