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What to Look for When Big Lots (BIG) Reports Q2 Earnings

NEW YORK (TheStreet) -- Shares of Big Lots (BIG) were declining in early-afternoon trading on Wednesday ahead of the company's 2016 second quarter results due out before Friday's opening bell.

Analysts are expecting earnings and revenue to increase year-over-year.

Wall Street is projecting that the Columbus, OH-based discount retailer will post earnings of 46 cents per share on revenue of $1.22 billion.

During the same quarter last year, the company earned 40 cents per diluted share on revenue of $1.21 billion.

MKM Partners has a...