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Recap: Bed Bath & Beyond Q2 Earnings – Bed Bath & Beyond (NASDAQ:BBBY)

ByBenzinga Insights

Sep 29, 2022
Recap: Bed Bath & Beyond Q2 Earnings - Bed Bath & Beyond (NASDAQ:BBBY)

Bed Bath & Beyond BBBY reported its Q2 earnings results on Thursday, September 29, 2022 at 07:30 AM.

Here’s what investors need to know about the announcement.

Earnings

Bed Bath & Beyond missed estimated earnings by 78.89%, reporting an EPS of $-3.22 versus an estimate of $-1.8.

Revenue was down $548.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $1.44 which was followed by a 0.4% drop in the share price the next day.

Here’s a look at Bed Bath & Beyond’s past performance:

 








Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -1.39 0.04   0.52
EPS Actual -2.83 -0.92 -0.25 0.04
Revenue Estimate 1.54B 2.08B 2.00B 2.06B
Revenue Actual 1.46B 2.05B 1.88B 1.99B

To track all earnings releases for Bed Bath & Beyond visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.



Image and article originally from www.benzinga.com. Read the original article here.