Investing.com - Big Lots (NYSE:BIG) reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Big Lots announced earnings per share of $0.76 on revenue of $1.38B. Analysts polled by Investing.com anticipated EPS of $0.5233 on revenue of $1.32B.
Big Lots shares are up 84.02% from the beginning of the year and are trading at $50.00 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Big Lots shares lost 5.39% in pre-market trade the report.
Big Lots follows other major Services sector earnings this month
Big Lots's report follows an earnings beat by Alibaba ADR on Thursday, November 5, 2020, who reported EPS of $18 on revenue of $155.06B, compared to forecasts EPS of $13.82 on revenue of $154.87B.
Walmart had beat expectations on Tuesday, November 17, 2020 with third quarter EPS of $1.34 on revenue of $134.7B, compared to forecast for EPS of $1.18 on revenue of $132.12B.
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