A Glimpse of Big 5 Sporting Goods's Earnings Potential
Big 5 Sporting Goods BGFV will release its quarterly earnings report on Tuesday, 2024-10-29. Here’s a brief overview for investors ahead of the announcement.
Analysts anticipate Big 5 Sporting Goods to report an earnings per share (EPS) of $-0.25.
Anticipation surrounds Big 5 Sporting Goods’s announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Overview of Past Earnings
Last quarter the company beat EPS by $0.02, which was followed by a 25.18% drop in the share price the next day.
Here’s a look at Big 5 Sporting Goods’s past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | -0.48 | -0.15 | -0.39 | 0.16 |
EPS Actual | -0.46 | -0.38 | -0.41 | 0.08 |
Price Change % | -25.0% | -4.0% | -10.0% | -23.0% |
Big 5 Sporting Goods Share Price Analysis
Shares of Big 5 Sporting Goods were trading at $1.87 as of October 25. Over the last 52-week period, shares are down 72.24%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.
To track all earnings releases for Big 5 Sporting Goods visit their earnings calendar on our site.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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