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Big Lots Earnings Estimate

BIG Stock  USD 4.12  0.47  12.88%   
The next projected EPS of Big Lots is estimated to be -3.9 with future projections ranging from a low of -4.38 to a high of -3.29. Big Lots' most recent 12-month trailing earnings per share (EPS TTM) is at -15.91. Please be aware that the consensus of earnings estimates for Big Lots is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Big Lots is projected to generate -3.9 in earnings per share on the 30th of April 2024. Big Lots earnings estimates module stress-tests analyst consensus about projected Big Lots EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Many public companies, such as Big Lots, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Big Lots' earnings estimates, investors can diagnose different trends across Big Lots' analyst sentiment over time as well as compare current estimates against different timeframes. At this time, Big Lots' Gross Profit is most likely to increase significantly in the upcoming years. The Big Lots' current Gross Profit Margin is estimated to increase to 0.45, while Pretax Profit Margin is forecasted to increase to (0.09).
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Big Lots. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Big Stock please use our How to Invest in Big Lots guide.

Big Lots Earnings Estimation Breakdown

The calculation of Big Lots' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Big Lots is estimated to be -3.9 with the future projection ranging from a low of -4.38 to a high of -3.29. Please be aware that this consensus of annual earnings estimates for Big Lots is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
-0.28
-4.38
Lowest
Expected EPS
-3.9
-3.29
Highest

Big Lots Earnings Projection Consensus

Suppose the current estimates of Big Lots' value are higher than the current market price of the Big Lots stock. In this case, investors may conclude that Big Lots is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Big Lots' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 30th of April 2024Current EPS (TTM)
1674.01%
-0.28
-3.9
-15.91

Big Lots Earnings History

Earnings estimate consensus by Big Lots analysts from Wall Street is used by the market to judge Big Lots' stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Big Lots' upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Big Lots Quarterly Gross Profit

510.93 Million

The Big Lots' current Retained Earnings is estimated to increase to about 3.9 B, while Retained Earnings Total Equity is projected to decrease to roughly 2.5 B. The current Common Stock Shares Outstanding is estimated to decrease to about 27.7 M. The Big Lots' current Net Loss is estimated to increase to about (230.2 M).
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Big Lots' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.224.4211.02
Details
Intrinsic
Valuation
LowRealHigh
0.265.2711.87
Details
Naive
Forecast
LowNextHigh
0.073.4710.07
Details
6 Analysts
Consensus
LowTargetHigh
5.896.477.18
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Big Lots. Your research has to be compared to or analyzed against Big Lots' peers to derive any actionable benefits. When done correctly, Big Lots' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Big Lots. Note that many institutional investors and large investment bankers can move markets due to the volume of Big assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Big Lots. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Big Lots' stock price in the short term.

Big Lots Earnings per Share Projection vs Actual

Actual Earning per Share of Big Lots refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Big Lots predict the company's earnings will be in the future. The higher the earnings per share of Big Lots, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Big Lots Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Big Lots, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Big Lots should always be considered in relation to other companies to make a more educated investment decision.

Big Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Big Lots' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-03-07
2024-01-31-0.23-0.28-0.0521 
2023-11-30
2023-10-31-4.66-4.380.28
2023-08-29
2023-07-31-4.12-3.240.8821 
2023-05-26
2023-04-30-1.82-3.4-1.5886 
2023-03-02
2023-01-31-0.85-0.280.5767 
2022-12-01
2022-10-31-2.94-2.99-0.05
2022-08-30
2022-07-31-2.47-2.280.19
2022-05-27
2022-04-300.95-0.39-1.34141 
2022-03-03
2022-01-311.891.75-0.14
2021-12-03
2021-10-31-0.16-0.140.0212 
2021-08-27
2021-07-311.121.09-0.03
2021-05-28
2021-04-301.692.620.9355 
2021-03-05
2021-01-312.52.590.09
2020-12-04
2020-10-310.660.760.115 
2020-08-28
2020-07-312.72.750.05
2020-05-29
2020-04-300.41.260.86215 
2020-02-27
2020-01-312.522.39-0.13
2019-12-06
2019-10-31-0.2-0.180.0210 
2019-08-30
2019-07-310.40.530.1332 
2019-05-31
2019-04-300.70.920.2231 
2019-03-08
2019-01-312.32.680.3816 
2018-12-07
2018-10-31-0.01-0.16-0.151500 
2018-08-31
2018-07-310.670.59-0.0811 
2018-06-01
2018-04-301.190.95-0.2420 
2018-03-09
2018-01-312.442.570.13
2017-12-01
2017-10-310.040.060.0250 
2017-08-25
2017-07-310.620.670.05
2017-05-26
2017-04-300.991.150.1616 
2017-03-03
2017-01-312.222.260.04
2016-12-02
2016-10-31-0.010.040.05500 
2016-08-26
2016-07-310.460.520.0613 
2016-05-27
2016-04-300.70.820.1217 
2016-03-04
2016-01-311.982.00.02
2015-12-04
2015-10-31-0.05-0.010.0480 
2015-08-28
2015-07-310.340.40.0617 
2015-05-29
2015-04-300.590.60.01
2015-03-06
2015-01-311.751.760.01
2014-12-05
2014-10-31-0.05-0.06-0.0120 
2014-08-29
2014-07-310.30.310.01
2014-05-30
2014-04-300.440.50.0613 
2014-03-07
2014-01-311.41.450.05
2013-12-05
2013-10-31-0.08-0.16-0.08100 
2013-08-30
2013-07-310.240.310.0729 
2013-05-30
2013-04-300.610.610.0
2013-03-06
2013-01-311.982.090.11
2012-12-04
2012-10-31-0.24-0.10.1458 
2012-08-23
2012-07-310.410.36-0.0512 
2012-05-23
2012-04-300.690.68-0.01
2012-03-02
2012-01-311.731.750.02
2011-12-02
2011-10-310.090.06-0.0333 
2011-08-25
2011-07-310.440.50.0613 
2011-05-26
2011-04-300.690.70.01
2011-03-03
2011-01-311.381.460.08
2010-12-03
2010-10-310.240.23-0.01
2010-08-24
2010-07-310.470.480.01
2010-05-27
2010-04-300.670.680.01
2010-03-03
2010-01-311.281.310.03
2009-12-04
2009-10-310.180.270.0950 
2009-08-25
2009-07-310.30.350.0516 
2009-05-28
2009-04-300.40.440.0410 
2009-03-04
2009-01-310.931.00.07
2008-12-05
2008-10-310.150.150.0
2008-08-26
2008-07-310.270.320.0518 
2008-05-29
2008-04-300.360.420.0616 
2008-03-05
2008-01-310.840.930.0910 
2007-11-30
2007-10-310.120.140.0216 
2007-08-29
2007-07-310.120.210.0975 
2007-05-31
2007-04-300.20.260.0630 
2007-03-09
2007-01-310.70.830.1318 
2006-11-16
2006-10-31-0.030.070.1333 
2006-08-16
2006-07-31-0.050.040.09180 
2006-05-25
2006-04-300.050.130.08160 
2006-02-22
2006-01-310.430.33-0.123 
2005-11-16
2005-10-31-0.24-0.170.0729 
2005-08-17
2005-07-31-0.11-0.090.0218 
2005-05-17
2005-04-300.050.070.0240 
2005-02-23
2005-01-310.480.510.03
2004-11-17
2004-10-31-0.2-0.22-0.0210 
2004-08-18
2004-07-31-0.07-0.060.0114 
2004-05-19
2004-04-300.040.60.561400 
2004-02-25
2004-01-310.650.70.05
2003-11-19
2003-10-31-0.04-0.040.0
2003-08-20
2003-07-31-0.02-0.010.0150 
2003-05-20
2003-04-300.080.090.0112 
2003-02-26
2003-01-310.560.570.01
2002-11-20
2002-10-31-0.05-0.040.0120 
2002-08-21
2002-07-310.010.030.02200 
2002-05-21
2002-04-300.080.110.0337 
2002-02-27
2002-01-310.490.50.01
2001-11-21
2001-10-31-0.13-0.14-0.01
2001-08-22
2001-07-31-0.04-0.09-0.05125 
2001-02-28
2001-01-310.580.610.03
2000-11-15
2000-10-310.070.06-0.0114 
2000-08-16
2000-07-31-0.18-0.56-0.38211 
2000-05-17
2000-04-30-0.15-0.050.166 
2000-02-23
2000-01-311.051.220.1716 
1999-11-17
1999-10-31-0.16-0.140.0212 
1999-08-18
1999-07-31-0.04-0.040.0
1999-05-19
1999-04-30-0.04-0.030.0125 
1999-02-24
1999-01-311.051.060.01
1998-11-18
1998-10-31-0.14-0.15-0.01
1998-08-19
1998-07-310.060.060.0
1998-05-20
1998-04-300.010.010.0
1998-03-03
1998-01-311.431.34-0.09
1997-11-19
1997-10-310.040.040.0
1997-08-19
1997-07-31-0.020.010.03150 
1997-05-19
1997-04-30-0.1-0.080.0220 
1997-02-25
1997-01-311.291.26-0.03
1996-11-19
1996-10-31-0.04-0.030.0125 
1996-08-20
1996-07-31-0.07-0.08-0.0114 
1996-05-13
1996-04-300.050.04-0.0120 
1996-02-26
1996-01-310.570.56-0.01
1995-11-13
1995-10-310.130.130.0

About Big Lots Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Big Lots earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Big Lots estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Big Lots fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for 2024
Retained Earnings3.7 B3.9 B
Retained Earnings Total Equity3.7 B2.5 B
Price Earnings Ratio(0.35)(0.33)
Price Earnings To Growth Ratio(0)(0)
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Big Lots in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Big Lots' short interest history, or implied volatility extrapolated from Big Lots options trading.

Pair Trading with Big Lots

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Big Lots position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Big Lots will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Big Lots could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Big Lots when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Big Lots - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Big Lots to buy it.
The correlation of Big Lots is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Big Lots moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Big Lots moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Big Lots can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Big Lots is a strong investment it is important to analyze Big Lots' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Big Lots' future performance. For an informed investment choice regarding Big Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Big Lots. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Big Stock please use our How to Invest in Big Lots guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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Is Big Lots' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Big Lots. If investors know Big will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Big Lots listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.37)
Earnings Share
(15.91)
Revenue Per Share
161.965
Quarterly Revenue Growth
(0.07)
Return On Assets
(0.07)
The market value of Big Lots is measured differently than its book value, which is the value of Big that is recorded on the company's balance sheet. Investors also form their own opinion of Big Lots' value that differs from its market value or its book value, called intrinsic value, which is Big Lots' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Big Lots' market value can be influenced by many factors that don't directly affect Big Lots' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Big Lots' value and its price as these two are different measures arrived at by different means. Investors typically determine if Big Lots is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Big Lots' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.