Bob Evans Farms: Mixed Q2 Results Leave A Possibility For The BEF Foods Sale
Posted on December 5th, by Mitchell Warren in Free Articles, Options Risk Management, Trade Ideas. Comments Off on Bob Evans Farms: Mixed Q2 Results Leave A Possibility For The BEF Foods Sale
Bob Evans Farms: Mixed Q2 Results Leave A Possibility For The BEF Foods Sale
My article on Bob Evans Farms (BOBE) for Seeking Alpha
On December 2nd, Bob Evans Farms (NASDAQ:BOBE) reported Q2 EPS of $0.36 per share vs the Wall Street consensus estimate of$0.34 per share (marking the third straight quarterly EPS beat) and revenue of $333.3M vs the $343.69M estimate (year over year increase of 0.2%). Along with the top line miss, they lowered FY15 EPS guidance to $1.90-$2.10 from $1.90-$2.20 per share and FY15 revenue guidance to $1.35B-$1.37B from $1.38B-$1.40B. Analysts were looking for FY15 EPS of $1.96 per share on revenue of $1.38B. Net income was off slightly to $6M from $6.1M…Click here to read the rest of the article.
