Barnes & Noble Education (BNED) Misses Q4 EPS by 2c

Barnes & Noble Education (NYSE: BNED) reported Q4 EPS of $0.00, $0.02 worse than the analyst estimate of $0.02. Revenue for the quarter came in at $342.8 million versus the consensus estimate of $360.1 million.

Outlook

For fiscal year 2018, the Company expects sales at BNC to be relatively flat, while BNC comparable store sales are projected to decline in the low- to mid-single digit percentage point range year over year. In addition, the Company expects consolidated sales to be in the range of $2.25 billion to $2.35 billion before intercompany eliminations. Capital expenditures are expected to be approximately $50 million, an increase from fiscal 2017 due to new store growth at BNC.

For earnings history and earnings-related data on Barnes & Noble Education (BNED) click here.

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