Will Bed Bath & Beyond Inc. (BBBY) Beat Analysts View?

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Bed Bath & Beyond Inc. (NASDAQ:BBBY) is expected to report first quarter earnings results, after market close, on Wednesday 8th July 2020.

Analysts polled by Thomson Reuters anticipate first quarter loss of $ 1.22 per share.

Looking ahead, the full year loss are expected at $ 1.78 per share on the revenues of $ 9026.38 million.

Stock Performance

According to the previous trading day, closing price of BBBY was $ 10.24, representing a 198.54 % increase from the 52 week low of $ 3.43 and a 42.44 % decrease over the 52 week high of $ 17.79.

The company has a market capital of $ 1.29 billion and is part of the Consumer Cyclical sector and Specialty Retail industry.

Recent Analyst recommendations

On 16th June 2020, maintained by Wedbush at Outperform rating, with $ 12.00 target price.

On 10th June 2020, maintained by Wells Fargo & Co at Underweight rating, with $ 6.00 target price.

Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. It sells a range of domestics merchandise, including bed linens and related items, bath items, and kitchen textiles; and home furnishings, such as kitchen and tabletop items, fine tabletop, basic housewares, general home furnishings, consumables, and various juvenile products. It also provides various textile products, amenities, and other goods to institutional customers in the hospitality, cruise line, healthcare, and other industries.