Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Barnes & Noble Education (NYSE:BNED) unveils its next round of earnings this Tuesday, August 27. Get prepared with Benzinga's ultimate preview for Barnes & Noble Education's Q1 earnings.
Earnings and Revenue
Wall Street expects an EPS loss of 80 cents and sales around $327.57 million.
Barnes & Noble Education reported a per-share loss of 82 cents when it published results during the same quarter last year. Sales in that period totaled $337.48 million. Sales would be down 2.94% on a year-over-year basis. Here's how the company's reported EPS has compared to analyst estimates in the past:
| Quarter | Q4 2019 | Q3 2019 | Q2 2019 | Q1 2019 | Q4 2018 |
| EPS Estimate | -0.020 | 0.11 | 1.21 | -0.66 | |
| EPS Actual | 0.010 | 0.06 | 1.26 | -0.82 | 0.36 |
Stock Performance
Over the last 52-week period, shares of Barnes & Noble Education have declined 39.34%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Long-term shareholders are already wary of 12-month losses prior to the announcement.
Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral rating with Barnes & Noble Education. The strength of this rating has risen over the past three months.
Conference Call
Don't be surprised to see the stock move on comments made during its conference call. Barnes & Noble Education is scheduled to hold the call at 10:00 a.m. ET and can be accessed here: https://investor.bned.com/investor-relations/news-and-events/events-and-presentations/default.aspx
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!