Core Viewpoint - Burlington Stores (BURL) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, continuing a strong trend of surpassing expectations in previous quarters [1]. Earnings Performance - Burlington Stores has consistently exceeded earnings estimates, with an average surprise of 4.45% over the last two quarters [2]. - In the last reported quarter, the company achieved earnings of 3.76 per share by 8.24% [3]. - In the previous quarter, Burlington was expected to earn 1.55 per share, resulting in a surprise of 0.65% [3]. Earnings Estimates and Predictions - Recent estimates for Burlington Stores have been trending upward, indicating positive sentiment among analysts [6]. - The Zacks Earnings ESP for Burlington is currently +1.78%, suggesting that analysts are optimistic about the company's earnings prospects [9]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) indicates a high likelihood of another earnings beat, with historical data showing that this combination leads to positive surprises nearly 70% of the time [7][9]. Earnings ESP Explanation - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [8]. - A positive Earnings ESP enhances the predictive power for earnings surprises, while a negative value does not necessarily indicate an earnings miss [10].
Why Burlington Stores (BURL) is Poised to Beat Earnings Estimates Again