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