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

Barnes & Noble Education

12/03/2024 23:25

* Barnes & Noble Education Inc  BNED.N  reported a quarterly
adjusted loss of 18 cents​​ per share for the quarter ended in
January, higher than the same quarter last year, when the
company reported EPS of -36 cents.  The mean expectation of
two analysts for the quarter was for earnings of one cent per
share. Wall Street expected results to range from -3 cents to 5
cents per share.
    * Revenue rose 2.1% to $456.67 million from a year ago;
analysts
expected $446.73 million. 
    * Barnes & Noble Education Inc's reported EPS for the
quarter was
a loss of 18 cents​.
    * The company reported a quarterly loss of $9.64 million.
    * Barnes & Noble Education Inc shares had fallen by 49.0%
this
quarter.

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," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the miscellaneous
specialty retailers peer group is also "hold"

Wall Street's median 12-month price target for Barnes & Noble
Education Inc is $1.25 
This summary was machine generated from LSEG data March 12 at
11:24 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
 Jan. 31 2024      0.01           -0.18          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