Big 5 Sporting Goods Corp reports results for the quarter ended in September - Earnings Summary

Big 5 Sporting Goods

01/11/2023 24:03

* Big 5 Sporting Goods Corp  BGFV.OQ  reported quarterly
adjusted
earnings of 8 cents​​ per share for the quarter ended in
September, lower than the same quarter last year, when the
company reported EPS of 29 cents.  The lone analyst forecast for
the quarter was for earnings of 16 cents per share. 
    * Revenue fell 8.2% to $239.89 million from a year ago;
analysts
expected $243.62 million. 
    * Big 5 Sporting Goods Corp's reported EPS for the quarter
was 8
cents​.
    * The company reported quarterly net income of $1.86
million.
    * Big 5 Sporting Goods Corp shares had risen by 0.9% this
quarter and lost 19.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the miscellaneous
specialty retailers peer group is also "hold"

Wall Street's median 12-month price target for Big 5 Sporting
Goods Corp is $9.50 
This summary was machine generated from LSEG data November 1 at
12:03 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.16           0.08           Missed
 Jun. 30 2023      -0.03          -0.01          Beat
 Mar. 31 2023      0.03           0.01           Missed
 Dec. 31 2022      0.07           0.08           Beat