Will Burlington Stores (BURL) Beat Estimates Again in Its Next Earnings Report?

Core Insights - Burlington Stores (BURL) has a strong history of beating earnings estimates and is well-positioned for continued success in upcoming quarterly reports [1][5] - The average surprise for Burlington Stores over the last two quarters was 10.46%, indicating consistent performance above expectations [1][2] Earnings Performance - For the most recent quarter, Burlington Stores reported earnings of $1.42 per share, falling short of the expected $1.6 per share, resulting in a surprise of -12.68% [2] - In the previous quarter, the company exceeded expectations by reporting $4.07 per share against a consensus estimate of $3.76 per share, achieving a surprise of 8.24% [2] Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for Burlington Stores, with a positive Zacks Earnings ESP of +8.55%, suggesting analysts are optimistic about the company's earnings prospects [5][8] - 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 results in a positive surprise nearly 70% of the time [6][8] Importance of Earnings ESP - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [7] - A positive Earnings ESP enhances predictive power for earnings surprises, while a negative value does not necessarily indicate an earnings miss [8][10]