• Big Lots: Fiscal 3Q Earnings Snapshot

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    COLUMBUS, Ohio (AP) _ Big Lots Inc. (BIG) on Friday reported a fiscal third-quarter loss of $6.6 million, after reporting a profit in the same period a year earlier.

    The Columbus, Ohio-based company said it had a loss of 16 cents per share.

    The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 1 cent per share.

    The discount retailer posted revenue of $1.15 billion in the period, which beat Street forecasts. Five analysts surveyed by Zacks expected $1.14 billion.

    Big Lots expects full-year earnings in the range of $3.55 to $3.75 per share.

    Big Lots shares have fallen 28 percent since the beginning of the year. The stock has decreased 31 percent in the last 12 months.

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    This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BIG at https://www.zacks.com/ap/BIG

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