Burlington Stores Inc. (BURL) reported a second quarter pro forma loss of $0.01 per share Tuesday morning, compared to the loss of $0.19 per share a year ago. Analysts expected a loss of $0.08 per share.
The company expects to report third quarter adjusted EPS of $0.09 to $0.12 and between $1.52 and $1.58 for the full year. The consensus estimates are for EPS of $0.11 and $1.53.
Burlington Stores gapped open higher Tuesday and is now up 1.47 at $37.53. The stock has been on an upward trend for nearly 2 months and has set a new high.
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