Barnes & Noble Education, Inc (NYSE:BNED) is reporting fourth quarter financial results on Tuesday 14th July 2020, before market open.
According to analysts surveyed by Thomson Reuters, BNED is expected to report 4Q20 loss of $ 0.48 per share from revenue of $ 220.54 million.
For the full year, analysts anticipate top line of $ 1814.72 million, while looking forward to loss of $ 0.44 per share bottom line.
Previous Quarter Performance
Barnes & Noble Education, Inc unveiled loss for the third quarter of $ 0.02 per share, from the revenue of $ 502.29 million. The quarterly earnings declined 4.76 percent while revenues compared with the same quarter last year.
Street analysts expected Barnes & Noble Education, Inc to report loss of $ 0.16 per share on revenue of $ 506.25 million for the third quarter. The bottom line results missed street analysts by $ 0.14 or 87.50 percent, at the same time, top line results fell short of analysts by $ 3.96 million or 0.78 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of BNED was $ 2.03, representing a 82.88 % increase from the 52 week low of $ 1.11 and a 60.2 % decrease over the 52 week high of $ 5.10.
The company has a market capital of $ 98.04 million and is part of the Consumer Cyclical sector and Specialty Retail industry.
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Barnes & Noble Education, Inc. operates bookstores for college and university campuses, and K-12 institutions in the United States. It operates in three segments: Barnes & Noble College, MBS Textbook Exchange, and Digital Student Solutions.
