Will Bed Bath & Beyond Beat These Analyst Estimates?
Bed Bath & Beyond (NAS: BBBY) is expected to report Q1 earnings around June 29. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Bed Bath & Beyond's revenues will expand 17.3% and EPS will expand 4.5%.
The average estimate for revenue is $2.60 billion. On the bottom line, the average EPS estimate is $0.93.
Last quarter, Bed Bath & Beyond logged revenue of $3.40 billion. GAAP reported sales were 24% higher than the prior-year quarter's $2.73 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $1.68. GAAP EPS of $1.68 for Q4 were 14% higher than the prior-year quarter's $1.48 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 41.0%, 160 basis points worse than the prior-year quarter. Operating margin was 17.6%, 260 basis points worse than the prior-year quarter. Net margin was 11.0%, 180 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $11.68 billion. The average EPS estimate is $4.99.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 1,118 members out of 1,326 rating the stock outperform, and 208 members rating it underperform. Among 485 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 447 give Bed Bath & Beyond a green thumbs-up, and 38 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Bed Bath & Beyond is outperform, with an average price target of $69.13.
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The article Will Bed Bath & Beyond Beat These Analyst Estimates? originally appeared on Fool.com.Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool recommends Bed Bath & Beyond. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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