What to Look for When Burlington Stores (BURL) Reports Q2 Results
NEW YORK (TheStreet) -- Shares of Burlington Stores (BURL) - Get Burlington Stores Inc. Report were down in late-afternoon trading on Wednesday despite expectations that it will post a year-over-year increase in 2016 second-quarter earnings and revenue before Thursday's market open.
Analysts surveyed by Thomson Reuters are looking for adjusted earnings of 30 cents per share on revenue of $1.24 billion for the most recent quarter.
For the year-ago period, Burlington Stores reported adjusted earnings of 19 cents per share on revenue of $1.14 billion.
Burlington is a Florence, NJ-based retailer.
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Separately, TheStreet Ratings team rates the stock as a "sell" with a ratings score of D.
Burlington Stores's weaknesses include its poor profit margins.
You can view the full analysis from the report here: BURL
TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
