bed bath behind BBBY It is due to report its latest quarterly earnings report on Thursday, 09-29-2022. Here’s what investors need to know before announcing.
Analysts estimate Bed Bath & Beyond will report on a file Earnings per share (EPS) from -1.80 dollars.
The bulls at Bed Bath & Beyond are hoping to hear the company announce that it not only beat that estimate, but also to provide positive guidance, or projected growth, for the next quarter.
New investors should note that sometimes it’s not the profit or loss of earnings that greatly affects the stock price, but the direction (or expectations).
Previous earnings performance
Last quarter, the company lost an EPS of $1.44, followed by a 0.4% drop in the stock price the next day.
Here’s a look at Bed Bath & Beyond’s past performance and the resulting price change:
| a fourth | First Quarter 2022 | Fourth Quarter 2021 | Third Quarter 2021 | Second Quarter 2021 |
|---|---|---|---|---|
| EPS estimate | -1.39 | 0.04 | 0.52 | |
| Actual EPS | -2.83 | -0.92 | -0.25 | 0.04 |
| price change % | -0.4% | -2.45% | -4.37% | -4.02% |
| a fourth | First Quarter 2022 | Fourth Quarter 2021 | Third Quarter 2021 | Second Quarter 2021 |
|---|---|---|---|---|
| EPS estimate | -1.39 | 0.04 | 0.52 | |
| Actual EPS | -2.83 | -0.92 | -0.25 | 0.04 |
| price change % | -0.4% | -2.45% | -4.37% | -4.02% |
stock performance
Bed Bath & Beyond shares were trading at $6.38 as of September 27. Over the past 52-week period, shares are down 64.53%. Given that these returns are generally negative, it is likely that long-term shareholders will be in a downtrend on this earnings release.
This article was created by the Benzinga Automated Content Engine and reviewed by an editor.
“Unapologetic reader. Social media maven. Beer lover. Food fanatic. Zombie advocate. Bacon aficionado. Web practitioner.”
More Stories
The blue bird has taken to Twitter as Musk says the X logo is here
From Twitter to X: Elon Musk begins wiping out a popular online brand
Here are 4 of the biggest changes to the Nasdaq 100 from Monday’s special rebalancing