Barnes & Noble Education (NYSE: BNED) unveils its next round of earnings this Tuesday, August 27. Get prepared with Benzinga's ultimate preview for Barnes & Noble Education's Q1 earnings.
Earnings and Revenue
Wall Street expects an EPS loss of 80 cents and sales around $327.57 million.
Barnes & Noble Education reported a per-share loss of 82 cents when it published results during the same quarter last year. Sales in that period totaled $337.48 million. Sales would be down 2.94% on a year-over-year basis. Here's how the company's reported EPS has compared to analyst estimates in the past:
|Quarter||Q4 2019||Q3 2019||Q2 2019||Q1 2019||Q4 2018|
Over the last 52-week period, shares of Barnes & Noble Education have declined 39.34%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Long-term shareholders are already wary of 12-month losses prior to the announcement.
Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral rating with Barnes & Noble Education. The strength of this rating has risen over the past three months.
Don't be surprised to see the stock move on comments made during its conference call. Barnes & Noble Education is scheduled to hold the call at 10:00 a.m. ET and can be accessed here: https://investor.bned.com/investor-relations/news-and-events/events-and-presentations/default.aspx
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