Why Barnes & Noble Education Stock Jumped 20% Today
Why did Barnes & Noble Education jump 20% on a revenue miss? A surprise profit and a new dividend grabbed investors' attention.
Overview
Shares of Barnes & Noble Education (NYSE: BNED) closed Thursday's trading 19.7% higher thanks to a mixed preliminary earnings report for Q4 2026. The stock is now up 128% from a deep dip last November, but it has only gained 14% over the last year.
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The analyst consensus pointed to roughly $295 million in Q4 revenues with an adjusted net loss near $0.16 per share. Based on preliminary figures, Barnes & Noble Education expects approximately $263 million in top-line sales, down from $278.3 million in the year-ago period. On the bottom line, however, the quarter is shaping up to adjusted profits of at least $0.05 per share.
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Originally published at www.fool.com.