Big 5 Sporting Goods (BGFV) reported first quarter net income of $0.34 per share after the close Tuesday, compared to $0.01 per share last year. The consensus estimate was for EPS of $0.20. Second quarter EPS is expected to be between $0.20 and $0.26. The consensus estimate is for EPS of $0.19.
Big 5 Sporting Goods gapped open higher Wednesday, but traded in a range throughout the session. The stock finished up by 1.55 at $18.35 on strong volume and set a new high for the year.
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