Bed Bath & Beyond (BBBY) posts a double beat on earnings and revenue
Bed Bath & Beyond (BBBY) currently trades at $5.31 and has grown by 19.59% today. BBBY went up $0.87 from the previous closing price of $4.44. The high forecast for Bed Bath & Beyond is $24.00 and the low is $4.00. The company’s market cap is $674.16 million with a 52 week high of $17.79 and a 52 week low of $3.43. BBBY has changed in price by -12.00 per share in the last 12 months. The company reported earnings of 38 cents per share excluding some items on revenue of $3.11 billion, while analysts polled by Refinitiv expected earnings of 20 cents per share on revenue of $3.07 billion.
Bed Bath & Beyond has a weak EPS of -4.94. This means the company lost $-4.94 per share after paying dividends, this can indicate that the stock is a risky investment. EPS is calculated as a company’s profit divided by the outstanding shares of its common stock. The resulting number serves as an indicator of a company’s profitability. It is common for a company to report EPS that is adjusted for extraordinary items and potential share dilution. Based on this information, investorsQ rates this stock 4 out of 10. We give it this rating based on current information written in this article.
About Bed Bath & Beyond:
Bed Bath & Beyond Inc. operates a nationwide chain of retail stores. The Company, through its retail stores, sells a wide assortment of merchandise principally including domestic merchandise and home furnishings, as well as food, giftware, health and beauty care items, and infant and toddler merchandise.