Bed Bath & Beyond Earnings Preview

Don't be caught off-guard: Bed Bath & Beyond (NASDAQ: BBBY) releases its next round of earnings Wednesday. Want to skip the homework and get all the facts in one place? We thought so. Here is your everything-that-matters guide for this Wednesday's quarter reporting earnings announcement after the bell.

Earnings and Revenue

Analysts are predicting Bed Bath & Beyond will report earnings of 37 cents per share on revenue of $2 billion.

In the same quarter last year, Bed Bath & Beyond posted a profit of $1.20 per share on sales of $2 billion. The current analyst consensus estimate would represent a -56.47 percent decrease in the company's earnings. Sales would be down 1.86 percent on a year-over-year basis.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Q3 EPS Estimate: 0.37
Q3 Revenues Estimate: $2 billion

Stock Performance

Shares of Bed Bath & Beyond were trading at $23.61 as of Dec. 18. Shares are down 23.61 percent year to date. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.

Over the past 90 days, analysts have generally adjusted their estimates lower for EPS and revenues. The most common rating by analysts on Bed Bath & Beyond stock is a Neutral. The strength of this rating has maintained conviction over the past three months.

Conference Call

Don't be surprised to see the stock move on comments made during its conference call. Bed Bath & Beyond's Q3 conference call can be accessed here. http://bedbathandbeyond.gcs-web.com/node/12051