(BNED) – Recap: Barnes & Noble Education Q1 Earnings

 

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.



Image and article originally from www.benzinga.com. Read the original article here.