Market News AIOpen the app

Upcoming earnings report from BJ's Wholesale prompts top analysts to adjust their forecasts.

ResultsRead the original at benzinga.com
Good for BJ

Analysts expect BJ's to report earnings of $1.17 per share, indicating growth from the previous year, which may influence investor sentiment and stock performance.

BJ · BJ's Wholesale Club Holdings, Inc.

AI read · Good for BJ

The AI's read

BJ reports earnings before the bell Friday and analysts expect EPS $1.17 versus $1.14 a year ago and revenue $5.94B versus $5.38B. That modest growth plus several recent price-target raises makes the print a potential upside catalyst. The stock barely moved on the news, up 0.06%, and RSI is 61.7 so the name is not stretched. Price targets as high as $115 imply meaningful upside from $91, so the quarter may not be fully priced in. We lean bullish on this as an idiosyncratic, analyst-driven setup with upside skew. Macro is in a downtrend, so any bullish exposure should be sized conservatively and monitored closely.

Get alerts for BJ

Follow BJ's Wholesale Club Holdings, Inc. (BJ) free. When we publish a story about it, you get the plain-English explanation as an alert.

Get alerts for BJ
Free on the App Store and Google Play, or on the web.