The dow gains 67 points, closing over 19,000 for the first time ever. The s p advancing. 22 and the nasdaq climbing. 33. We always hear about beats but what do they really mean . Whats a great one . What really impacts the stock . What moves it. Take out a pen and paper and lets do some learning. The best kind of beat, the quarter we got today from Burlington Stores. Here is a discount clothing chain that has a track record of blowing the numbers and raising its forecast with the analysts aggressively following along. These kind of situations can be dangerous. After a while, the analysts want to get ahead of the up side surprises to make sure the company isnt manufacturing the goodness, the expectations. When burling reported this morning, it was astonishing. Wall street was expecting them to earn 33 cents. They earned 51 cents. They had a fan it is tick same store sales number. The ceo said our consistent performance continues to demonstrate the on going success of our initiatives to
Nasdaq climbing. 33. We always hear about beats but what do they really mean . Whats a great one . What really impacts the stock . What moves it. Take out a pen and paper and lets do some learning. The best kind of beat, the quarter we got today from Burlington Stores. Here is a discount clothing chain that has a track record of blowing the numbers and raising its forecast with the analysts aggressively following along. These kind of situations can be dangerous. After a while, the analysts want to get ahead of the up side surprises to make sure the company isnt manufacturing the goodness, the expectations. When burlington reported this morning, it was astonishing. Wall street was expecting them to earn 33 cents. They earned 51 cents. They had a fan it is tick same store sales number. Demonstrate the on going success of our initiatives to elevate our offprice model. Our focus to provide our customers with compelling assortments leads to another quarter of increased store traffic. We bel