On Thursday, August 17th, Burlington Stores (BURL) will release its second quarter earnings results before the bell. The company is a Zacks Rank 2 (Buy), and have a Value, Growth, and Momentum score of A.
Dave will look at Burlington Stores’ past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.
Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Burlington Stores ahead of earnings.
Burlington Stores in Focus
Burlington Stores, Inc. operates as an off-price apparel and home product retailer. It provides its customers with a selection of fashionable branded product in women's ready-to-wear apparel, menswear, youth apparel, baby products, footwear, accessories, home goods and coats. The Company operates within the United States and Puerto Rico. Burlington Stores, Inc. is headquartered in Burlington, New Jersey.
Burlington Stores is expected to report earnings at $0.70 per share according to the Zacks Consensus Estimate. Last quarter they beat earnings expectations by 4.29%. They reported earnings at $0.73per share, beating their estimate of $0.70. They have an average earnings surprise of 13.00%.
Burlington Stores, Inc. Price, Consensus and EPS Surprise
Burlington Stores, Inc. Price, Consensus and EPS Surprise | Burlington Stores, Inc. Quote
Bottom Line
How should investors play Burlington Stores ahead of their earnings report? For insights on the best options trades, then tune in at 1:00pm CST today to see David’s thoughts.
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Burlington Stores, Inc. (BURL): Free Stock Analysis Report
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Zacks Investment Research