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[MiamiGent]

Big 5 Sporting Goods Surges After Hours Fiscal Q4 EPS Tops Street, Q1 Guided Above

BY Midnight Trader — 5:12 PM ET 02/28/2017

http://stockcharts.com/h-sc/ui?s=BGFV

05:12 PM EST, 02/28/2017 (MT Newswires) -- Big 5 Sporting Goods (BGFV) shares rallied more than 13% after hours as it reported fiscal Q4 diluted earnings of $0.35 per share, a penny higher than the average of estimates on Capital IQ and compared to the year earlier $0.20.
Revenue slipped to $266.3 million from $275 million a year earlier, and that missed the Street view for $270 million. Same store sales increased 3.1% in the period.
The company sees fiscal Q1 same store sales in the positive mid-single-digit range and EPS between $0.12 and $0.18. Big 5 said same store sales decreased 1.9% in the same period a year ago. The Street's view is for $0.03 in earnings.
The board also declared a dividend of $0.15 a share, to be paid on March 20 to investors on record by March 6.
Price: 15.21, Change: +1.76, Percent Change: +13.05