Barnes & Noble Education Inc reports results for the quarter ended in October - Earnings Summary

Barnes & Noble Education

06/12/2023 21:29

* Barnes & Noble Education Inc  BNED.N  reported quarterly
adjusted earnings of 46 cents​​ per share for the quarter ended
in October, higher than the same quarter last year, when the
company reported EPS of 42 cents.  The mean expectation of
two analysts for the quarter was for earnings of 44 cents per
share. Wall Street expected results to range from 30 cents to 57
cents per share.
    * Revenue fell 1.1% to $610.38 million from a year ago;
analysts
expected $616.31 million. 
    * Barnes & Noble Education Inc's reported EPS for the
quarter was
44 cents​.
    * The company reported quarterly net income of $23.51
million.
    * Barnes & Noble Education Inc shares had risen by 5.5% this
quarter and lost 34.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Barnes &
Noble
Education Inc is $3.50 

This summary was machine generated from LSEG data December 6 at
09:28 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2023      0.44           0.46           Beat
 Jul. 31 2023      -0.73          -0.96          Missed
 Apr. 30 2023      -0.60          -0.66          Missed
 Jan. 31 2023      -0.07          -0.36          Missed