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Bed Bath & Beyond (BBBY) Is Rising After Q4 Report

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Bed Bath & Beyond (BBBY: Quote) reported fourth quarter EPS of $1.48 after the bell Wednesday, up from $1.12 in the prior year period. The consensus estimate was for EPS of $1.33. The company expects to report first quarter EPS of $0.79 to $0.83, compared to the consensus estimate of $0.82. The stock is now up 4.17 on 450K shares.

Bed Bath & Beyond fell during the first hour of trade Wednesday and closed down by 0.76 at $66.23. The stock finished near the lower end of a week and a half long range, near the highs of the year.

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by RTT Staff Writer

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