Barnes & Noble Education Q1 Adjusted EPS $(0.86) Misses $(0.73) Estimate, Sales $264.16M Beat $255.96M Estimate
Portfolio Pulse from Benzinga Newsdesk
Barnes & Noble Education (BNED) reported Q1 losses of $(0.86) per share, missing the analyst consensus estimate of $(0.73) by 17.81%. However, the company's quarterly sales of $264.16 million beat the analyst consensus estimate of $255.96 million by 3.20%.
September 06, 2023 | 11:03 am
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NEGATIVE IMPACT
BNED's Q1 EPS missed estimates by 17.81%, but sales beat estimates by 3.20%.
BNED's Q1 earnings per share (EPS) missed the analyst consensus estimate, which could negatively impact the stock price. However, the company's sales beat estimates, which could offset some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100