Barnes & Noble Education, Inc (NYSE:BNED) is set to announce second quarter earning results on Tuesday 8th December 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, BNED to report 2Q21 loss of $ 0.46 per share.
For the full year, analysts anticipate top line of $ 1437.35 million, while looking forward to loss of $ 1.75 per share bottom line.
Previous Quarter Performance
Barnes & Noble Education, Inc unwinded loss for the first quarter of $ 0.96 per share, from the revenue of $ 204.01 million. The quarterly revenues reduced 36.18 percent compared with the same quarter last year. Street analysts expected Barnes & Noble Education, Inc to report loss of $ 0.78 per share on revenue of $ 220.53 million for the first quarter. The bottom line results missed street analysts by $ 0.18 or 23.08 percent, at the same time, top line results fell short of analysts by $ 16.52 million or 7.49 percent.
Stock Performance
Shares of Barnes & Noble Education, Inc traded low $ -0.05 or -1.42 percent on Monday, reaching $ 3.47 with volume of 252.90 thousand shares. Barnes & Noble Education, Inc has traded high as $ 3.58 and has cracked $ 3.45 on the downward trend
According to the previous trading day, closing price of $ 3.47, representing a 217.12 % increase from the 52 week low of $ 1.11 and a 27.57 % decrease over the 52 week high of $ 4.86.
The company has a market capital of $ 168.76 million and is part of the Consumer Cyclical sector and Specialty Retail industry.
Conference Call
Barnes & Noble Education, Inc will be hosting a conference call at 8:30 AM eastern time on 8th December 2020, to discuss its 2Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.bned.com
Barnes & Noble Education, Inc. operates bookstores for college and university campuses, and K-12 institutions in the United States. It operates in three segments: Barnes & Noble College, MBS Textbook Exchange, and Digital Student Solutions.
