Barnes & Noble Education Inc reports results for the quarter ended October 31 - Earnings Summary

Barnes & Noble Education

09/12/2024 22:02

* Barnes & Noble Education Inc  BNED.N  reported quarterly
adjusted earnings of $1.87​​ per share for the quarter ended
October 31, lower than the same quarter last year, when the
company reported EPS of $46.00.  The lone analyst forecast for
the quarter was for earnings of $60.00 per share. 
    * Revenue fell 1.4% to $602.12 million from a year ago;
analysts
expected $622.51 million. 
    * Barnes & Noble Education Inc's reported EPS for the
quarter was
$1.87​.
    * The company reported quarterly net income of $49.74
million.
    * Barnes & Noble Education Inc shares had risen by 13.4%
this
quarter and lost 93.0% 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 "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the miscellaneous
specialty retailers peer group is also "hold"

This summary was machine generated from LSEG data December 9 at
10:01 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 2024      60.00          1.87           Missed
 Jul. 31 2024      -81.00         -7.36          Beat
 Apr. 30 2024      -38.00         -10.24         Beat
 Jan. 31 2024      1.00           -18.00         Missed