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BURL
Benzinga
81 days

These Analysts Revise Their Forecasts On Burlington Stores After Q1 Results

1. BURL reported Q1 EPS of $1.60, surpassing estimates. 2. Sales of $2.50 billion missed expectations of $2.52 billion. 3. CEO warns tariffs could impact merchandise margin significantly. 4. Q2 EPS guidance is $1.20-$1.30, below the $1.34 estimate. 5. Analysts adjusted price targets; mostly maintain bullish outlook.

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FAQ

Why Neutral?

While EPS beat expectations, sales fell short, balancing outlook. Past instances of similar earnings reports have led to stock fluctuations, often resulting in neutral market reactions.

How important is it?

Investor reaction to earnings reports can influence BURL’s short-term price movements; guidance and analyst ratings are crucial.

Why Short Term?

Immediate earnings reactions are typically short-lived; long-term trends depend on overall business performance and macroeconomic factors.

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