Barnes & Noble Education Reports Preliminary FY24 Consolidated Revenue Of Approximately $1.567B, Est $1.585B
Portfolio Pulse from Benzinga Newsdesk
Barnes & Noble Education (BNED) reported preliminary FY24 consolidated revenue of approximately $1.567 billion, slightly below the estimated $1.585 billion.
May 23, 2024 | 9:13 pm
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NEGATIVE IMPACT
Barnes & Noble Education reported preliminary FY24 revenue of $1.567 billion, which is below the estimated $1.585 billion. This shortfall may negatively impact investor sentiment.
The reported revenue falling short of estimates is likely to be viewed negatively by investors, potentially leading to a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100