Analysts on Wall Street project that Burlington Stores (BURL) will announce quarterly earnings of $0.95 per share in its forthcoming report, representing an increase of 58.3% year over year. Revenues are projected to reach $2.42 billion, increasing 11.2% from the same quarter last year. Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 1.6% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during th ...

When the economy abounds with liquidity and low interest rates, such as the 2020-2022 period, markets tend to focus on the more exciting growth stories available for investment. These stories were mostly focused on the technology sector, particularly semiconductor stocks that enabled the rise and adoption of artificial intelligence trends. Today, markets are changing, and so are these preferences. It isn't the exciting tech names anymore, nor the overnight successes in cryptocurrency; the market is now rewa ...

We are in the last leg of the second-quarter 2024 earnings season. So far, the results are better than expected. As of Aug 16, 464 companies of Wall Street's broad-market index — the S&P 500 — reported their quarterly financial numbers. Total earnings of these companies are up 8.3% year over year on 5.2% higher revenues with 79.3% beating EPS estimates and 59.5% surpassing revenue estimates. Looking at Q2 as a whole, total earnings of the S&P 500 Index are expected to be up 9.5% year over year on 5.4% highe ...

BURLINGTON, N.J., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE: BURL), a nationally recognized off-price retailer of high-quality, branded apparel, footwear, accessories, and merchandise for the home at everyday low prices, will release its second quarter fiscal year 2024 results before the U.S. stock market opens on Thursday, August 29, 2024. The Company will also hold a conference call to discuss results at 8:30 a.m. (Eastern Time) that day. The U.S. toll free dial-in for the conference ...

Burlington Stores (BURL) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended July 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the ...

Burlington Stores, Inc. (BURL) has retained its strong position within the Retail – Discount Stores industry despite a challenging economic backdrop. The company's competitive pricing approach and focus on value effectively capture the interest of shoppers who are looking to save money while still obtaining high-quality goods. Attracting Value Shoppers Burlington Stores is undergoing a significant transformation with its Burlington 2.0 initiative, centered on an off-price retail model. This strategic shift ...

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It is not surprising that before an earnings season, every investor looks for stocks that can beat market expectations. This is because investors always try to position themselves ahead of time and look to tap stocks that are high-quality in nature. In this regard, we ran a screener that yielded TakeTwo Interactive Software (TTWO) , Burlington Stores (BURL) , Deckers Outdoor (DECK) and MKS Instruments (MKSI) as the likely winners on the earnings beat potential. Why Is a Positive Earnings Surprise So Importa ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Burlington Stores (BURL) , which belongs to the Zacks Retail - Discount Stores industry. This discount retailer has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 24.06%. For the last reported quarter, Burlington Stores came out with ...

SOUTH BURLINGTON. Vt., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Colwen Hotels announce the opening of the The Inn at Burlington. Formerly known as La Quinta Inn & Suites South Burlington and later as part of the Trademark Collection by Wyndham, this newly renovated hotel has been re-imagined as an upper-midscale hotel with an independent identity embracing the local destination of Burlington, Vermont. The three-story property completed an extensive renovation, showcasing a full-scale transformation that emphasizes ...