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Barnes & Noble Education BNED reported its Q1 earnings results on Wednesday, August 31, 2022 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Barnes & Noble Education missed estimated earnings by 70.18%, reporting an EPS of $-0.97 versus an estimate of $-0.57.
Revenue was up $23.06 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.05 which was followed by a 1.03% increase in the share price the next day.
Here’s a look at Barnes & Noble Education’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.17 | -0.18 | 0.58 | -0.89 |
| EPS Actual | -0.22 | -0.56 | 0.46 | -0.78 |
| Revenue Estimate | 229.21M | 433.79M | 663.30M | 225.60M |
| Revenue Actual | 260.83M | 402.80M | 626.98M | 240.79M |
To track all earnings releases for Barnes & Noble Education visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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Image and article originally from www.benzinga.com. Read the original article here.