March 7, 2014 / 1:28 PM / 4 years ago

Big Lots profit beats estimates, shares rise

March 7 (Reuters) - Close-out retailer Big Lots Inc reported a better-than-expected profit for the holiday quarter, sending its shares up as much as 13 percent in premarket trading.

The company reported adjusted earnings of $1.45 per share from continuing U.S. operations. Analysts on average had expected $1.40 per share, according to Thomson Reuters I/B/E/S. (Reporting by Aditi Shrivastava in Bangalore; Editing by Kirti Pandey)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below