Insights Into Burlington Stores (BURL) Q2: Wall Street Projections for Key Metrics

Core Viewpoint - Analysts project Burlington Stores (BURL) will report quarterly earnings of $1.27 per share, a 5.8% increase year over year, with revenues expected to reach $2.64 billion, reflecting a 7% increase from the same quarter last year [1]. Earnings Estimates - Over the past 30 days, the consensus EPS estimate has been adjusted downward by 1.4%, indicating a reassessment by covering analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, with empirical studies showing a strong relationship between earnings estimate revisions and short-term stock price performance [3]. Key Metrics Forecast - Analysts estimate 'Revenues- Net Sales' at $2.62 billion, a 6.6% increase from the prior-year quarter [5]. - 'Revenues- Other revenue' is projected to reach $4.23 million, indicating a year-over-year decline of 2.1% [5]. - The average prediction for 'Comparable Store Sales' is 2.1%, down from 5.0% a year ago [5]. - Analysts expect 'Stores at period end' to total 1,132, compared to 1,057 a year ago [6]. Stock Performance - Over the past month, Burlington Stores shares have returned +0.5%, while the Zacks S&P 500 composite has changed by +2.7% [6]. - Based on its Zacks Rank 3 (Hold), Burlington Stores is expected to perform in line with the overall market in the upcoming period [6].