Bed Bath & Beyond (NASDAQ:BBBY) reported its Q1 earnings results on Wednesday, June 29, 2022 at 07:30 AM.
Here's what investors need to know about the announcement.
Earnings
Bed Bath & Beyond missed estimated earnings by 103.6%, reporting an EPS of $-2.83 versus an estimate of $-1.39.
Revenue was down $491.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.96 which was followed by a 2.45% drop in the share price the next day.
Here's a look at Bed Bath & Beyond's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.04 | 0.52 | 0.08 | |
| EPS Actual | -0.92 | -0.25 | 0.04 | 0.05 |
| Revenue Estimate | 2.08B | 2.00B | 2.06B | 1.87B |
| Revenue Actual | 2.05B | 1.88B | 1.99B | 1.95B |
To track all earnings releases for Bed Bath & Beyond visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
