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Burlington Stores' stock jumps over 13% after reporting better-than-expected Q4 earnings and optimistic forecasts.
Burlington Stores (BURL) saw its stock surge by over 13% in pre-market trading after reporting better-than-expected Q4 earnings.
Analysts have generally been bullish, with Telsey Advisory Group reaffirming an "outperform" rating and setting a $340 target price, indicating a 28.45% potential upside.
Burlington now forecasts Q1 EPS between $1.30 and $1.45 and full-year EPS between $8.70 and $9.30, with sales projected to grow 6-8% in fiscal 2025.
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Las acciones de Burlington Stores saltan más del 13% después de reportar mejores ganancias del Q4 esperadas y pronósticos optimistas.