Membership-only discount retailer BJ’s Wholesale Club (NYSE:BJ) will be announcing earnings results tomorrow before market hours. Here’s what to look for.

BJ's met analysts’ revenue expectations last quarter, reporting revenues of $5.10 billion, up 3.5% year on year. It was a strong quarter for the company, with an impressive beat of analysts’ EBITDA and EPS estimates.

Is BJ's a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting BJ’s revenue to decline 1.7% year on year to $5.26 billion, a reversal from the 8.7% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.87 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. BJ's has missed Wall Street’s revenue estimates five times over the last two years.

Looking at BJ’s peers in the non-discretionary retail segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Walmart delivered year-on-year revenue growth of 4.1%, meeting analysts’ expectations, and Target reported a revenue decline of 3.1%, in line with consensus estimates. Walmart traded down 8.8% following the results.

Read our full analysis of Walmart’s results here and Target’s results here.

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