Having beaten analysts' expectations in each of the last five quarters, Bed Bath & Beyond will announce on Wednesday whether the streak is alive or snapped.
Analysts currently expect Bed Bath & Beyond to come in with earnings of 84 cents per share on revenues of $2.25 billion. Estimates from analysts range from 82 cents per share to 88 cents per share. Over the past three months, the average estimate has moved up from 83 cents.
Last Quarter's Results
Analysts are bullish on the stock as 14 analysts rate it as a buy and only one analyst rate it as a sell. Analyst sentiment has been improving recently, as the average rating risen slightly over the past three months.
The biggest recent change for the stock came on April 5, 2012, when it rose $5.62 per share to $71.85. Looking at change over the last three months, from March 19, 2012 and June 13, 2012, the stock price is up $4.75 (7.2%), from $65.91 to $70.66.
Reporting Period: 1Q
Date of Release: Wednesday, June 20, 2012
EPS: 84 cents
Revenue Estimate: $2.25 billion