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Bed Bath & Beyond (NASDAQ:BBBY) Issues FY20 Earnings Guidance

  • Source: Riverton Roll - - Read: 0



    Bed Bath & Beyond (NASDAQ:BBBY) updated its FY20 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $2.08-2.13 for the period, compared to the Thomson Reuters consensus estimate of $1.87. The company issued revenue guidance of approx $11.40 billion, compared to the consensus revenue estimate of $11.39 billion.Bed Bath & Beyond also updated its FY 2019 guidance to $2.08-2.13 EPS.

    A number of brokerages have recently issued reports on BBBY. Telsey Advisory Group upgraded shares of Bed Bath & Beyond from a market perform rating to an outperform rating and raised their target price for the stock from $14.00 to $16.00 in a research report on Thursday. Raymond James set a $17.00 target price on shares of Bed Bath & Beyond and gave the sto ...



    Read Full News: https://rivertonroll.com/news/2019/10/11/bed-bath-beyond-nasdaqbbby-updates-fy20-earnings-guidance.html

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