Big 5 Sporting Goods Earnings Rally Brightens Technical Outlook Big 5 Sporting Goods Corporation (NASDAQ: BGFV ) rocketed higher by 33% on Wednesday after the company reported a blowout third quarter. Here’s a closer look at Big 5’s numbers and how the big move may have changed the stock’s technical picture. The Numbers On Tuesday, Big 5 reported third-quarter EPS of 30 cents on $266.2 million in revenue. The one analyst that covers the company had anticipated just 16 cents in EPS on revenue of $265.9 million. EPS was up slightly from 15 cents a year ago, and sales were virtually flat compared to a year ago when it reported $266.3 million in revenue. CEO Steven Miller said Big 5 recorded its highest third-quarter gross margins since the company went public back in 2002. Miller credited the company’s mix shift toward higher-margin products … Full story available on Benzinga.com