Barnes & Noble Education Q4 Adj. EPS $(0.69) Misses $(0.60) Estimate, Sales $241.85M Beat $215.94M Estimate
Portfolio Pulse from Benzinga Newsdesk
Barnes & Noble Education (BNED) reported Q4 adjusted losses of $(0.69) per share, missing the analyst consensus estimate of $(0.60) by 15%. This is a 213.64% increase in losses from the same period last year. However, the company's quarterly sales of $241.85 million beat the analyst consensus estimate of $215.94 million by 12%, despite a 7.28% decrease from last year.
August 04, 2023 | 3:06 pm
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NEUTRAL IMPACT
BNED's Q4 results show increased losses and decreased sales YoY, but beat sales estimates. This mixed result could lead to uncertainty in the market.
BNED's increased losses and decreased sales YoY are negative indicators. However, beating sales estimates is a positive sign. These mixed results could lead to uncertainty in the market, making it difficult to predict the short-term price direction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100