June 24, 2015 4:44 PM | 1 min read |
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.
Bed Bath & Beyond Inc. (NASDAQ: BBBY) reported weaker-than-expected earnings for the first quarter on Wednesday. The Union, New Jersey-based company posted quarterly net earnings of $158.5 million, or $0.93 per share, versus $187.1 million, or $0.93 per share, in the year-ago period. Its total sales surged to $2.74 billion from $2.66 billion. However, analysts were expecting earnings of $0.94 per share on revenue of $29.53 million.The average estimate among 26 Estimize users was for earnings of $0.94 per share and revenue of $2.74 billion.Its same-store sales rose 2.2 percent in the latest quarter, versus a 0.4 percent growth in the year-ago quarter.During the first quarter, Bed Bath & Beyond repurchased around $385 million of its common stock.Bed Bath & Beyond projects Q2 earnings of $1.18 to $1.23 per share, and same-store sales to rise 2 percent to 3 percent. Analysts had expected earnings of $1.23 per share and same-store sales growth of 2.2 percent.Bed Bath & Beyond shares slipped 1.79 percent to $69.08 in the after-hours trading session.
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.
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