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Bed Bath & Beyond Inc Q1 adjusted earnings Miss Estimates

Below are the earnings highlights for Bed Bath & Beyond Inc (BBBY):

-Earnings: -$50.87 million in Q1 vs. -$302.29 million in the same period last year.
-EPS: -$0.48 in Q1 vs. -$2.44 in the same period last year.
-Excluding items, Bed Bath & Beyond Inc reported adjusted earnings of $4.93 million or $0.05 per share for the period.
-Analysts projected $0.08 per share
-Revenue: $1.95 billion in Q1 vs. $1.31 billion in the same period last year.

-Guidance:
Next quarter EPS guidance: $0.48 - $0.55
Next quarter revenue guidance: $2.04 - $2.08 Bln
Full year EPS guidance: $1.40 - $1.55
Full year revenue guidance: $8.2 - $8.4 Bln

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