Bed Bath & Beyond Inc expected to post a loss of $1.18 a share - Earnings Preview

Bed Bath & Beyond

23/06/2023 13:44

* Bed Bath & Beyond Inc  BBBYQ.PK   is expected to show a
fall in
quarterly revenue when it reports  results on June 27
(estimated). 
    * The Union New Jersey-based  company is expected to report 
a
5.5% decrease in revenue to $1.382 billion from $1.46 billion a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Bed Bath & Beyond
Inc is
for a loss of $1.18 per share. 
    * The current average analyst rating on the shares is "sell"
and
the breakdown of recommendations is no "strong buy" or "buy," no
"hold" and 3 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 19.7%
in the last three months. ​
    * Wall Street's median 12-month price target for Bed Bath &
Beyond
Inc is $2​, above​ its last closing price of $0.20. ​​​

This summary was machine generated June 23 at 12:44 GMT.  All
figures in US dollars  unless otherwise stated