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Stock impact report

Why Barnes & Noble Education Stock Plummeted Tuesday [The Motley Fool]

Barnes & Noble Education, Inc (BNED) 
Last barnes & noble education, inc earnings: 12/5 08:30 am Check Earnings Report
US:NYSE Investor Relations: barnesandnoble.com
Company Research Source: The Motley Fool
Ouch! Here's what's behind Barnes & Noble Education's 31% sell-off. Daniel Sparks ( TMFDanielSparks ) Dec 4, 2018 at 6:24PM What happened Shares of Barnes & Noble Education ( NYSE:BNED ) were slammed Tuesday, falling 31% by the time the market closed. The stock's sharp decline followed Barnes & Noble Education's earnings release for its second quarter of fiscal 2019. The sell-off was likely driven mostly by the company's worse-than-expected sales for the period. Image source: Getty Images. So what Barnes & Noble Education reported second-quarter net sales of $814.8 million and earnings per share of $1.25. These figures compare to revenue of $887 million and earnings per share of $1.03 in the year-ago quarter. While Barnes & Noble Education's earnings per share beat a consensus analyst estimate for $1.21, sales were nearly $28 million Show less Read more
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