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Bob Evans Farms, Inc. Message Board

  • gpodtrader gpodtrader Jun 4, 2008 11:45 AM Flag

    Should i sell

    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.

50.35-0.47(-0.92%)Dec 19 4:00 PMEST

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