Earnings Outlook For Barnes & Noble Education
Portfolio Pulse from Benzinga Insights
Barnes & Noble Education (NYSE:BNED) is expected to release its quarterly earnings report on Wednesday, with analysts predicting an EPS of $0.43. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, BNED's stock price has been sensitive to earnings performance and guidance. Last quarter, the company missed EPS estimates, resulting in a 2.54% share price drop. Over the past year, BNED shares have declined by 26.97%, indicating a bearish sentiment among long-term shareholders.
December 05, 2023 | 3:00 pm
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NEUTRAL IMPACT
Barnes & Noble Education is anticipated to report quarterly earnings with an expected EPS of $0.43. Investors are focused on earnings performance and future guidance. Historical data shows significant stock price movement post-earnings, with a 26.97% decline over the last year.
The short-term impact on BNED's stock price will likely hinge on whether the company meets or exceeds the EPS estimate and provides positive guidance. Given the historical sensitivity of the stock to earnings reports and the recent downward trend, the impact could be significant. However, the score is neutral (0) because the direction of the impact will depend on the actual earnings results and guidance provided.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100