The actual results do need a little clarification. The 4% gain in net sales is self-explanatory. However, the 24% spurt in earnings per share is deceptive on two counts. First, the company has swallowed a ton of shares outstanding over the past year. Net income actually rose by just 5%. However, even the 5% gain is overstated, as Bob Evans recorded a larger asset sale gain than it did a year earlier. Back that out, and the actual net income gain would be cut roughly in half.
This is from Motley fool. I am thinking of taking profits. Any opinions.