Bed Bath & Beyond (BBBY) closed at $5.95 in the latest trading session, marking no change from the prior day. This change lagged the S&P 500’s 1.67% gain on the day. At the same time, the Dow added 1.53%, and the tech-heavy Nasdaq gained 2.08%.
Investors will be hoping for strength from BBBY as it approaches its next earnings release. The company is expected to report EPS of -$1.42, down 1283.33% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $1.30 billion, down 49.55% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of -$2.34 per share and revenue of $8.81 billion. These totals would mark changes of