Barnes & Noble (BKS) Issues Earnings Results

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Barnes & Noble (NYSE:BKS) issued its quarterly earnings data on Thursday. The specialty retailer reported ($0.23) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.09) by ($0.14), MarketWatch Earnings reports. Barnes & Noble had a positive return on equity of 6.33% and a negative net margin of 3.66%. The firm had revenue of $794.80 million during the quarter, compared to the consensus estimate of $832.40 million. During the same period in the previous year, the company posted ($0.15) earnings per share. The company’s revenue for the quarter was down 6.9% on a year-over-year basis.

Barnes & Noble stock opened at $5.30 on Friday. Barnes & Noble has a twelve month low of $4.10 and a twelve month high of $8.00. The company has a market cap of $332.23 million, a PE ratio of 11.10 and a beta of 1.62. The company has a quick ratio of 0.13, a current ratio of 1.15 and a debt-to-equity ratio of 0.39.

BKS has been the subject of a number of recent analyst reports. Gabelli raised shares of Barnes & Noble from a “hold” rating to a “buy” rating in a research report on Friday. ValuEngine raised shares of Barnes & Noble from a “sell” rating to a “hold” rating in a research report on Thursday. Three equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Barnes & Noble has an average rating of “Hold”.

About Barnes & Noble

Barnes & Noble, Inc primarily operates as a bookseller in the United States. The company operates through two segments, B&N Retail and NOOK. It sells trade books, including hardcover and paperback titles; mass market paperbacks, such as mystery, romance, science fiction, and other fiction; and children's books, eBooks and other digital content, NOOK and related accessories, bargain books, magazines, gifts, café products and services, educational toys and games, and music and movies.

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Earnings History for Barnes & Noble (NYSE:BKS)

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