Bear of the Day: Bed Bath & Beyond (BBBY)
Jan 17, 2022 · BBBY is now a Zacks Rank #5 (Strong Sell). 10 analysts have cut their full year earnings outlook over the past 60 days, and the consensus estimate has fallen 68 cents to a loss of $0.13 per share. However, Bed Bath & Beyond’s earnings are expected see double-digit growth for fiscal 2021, up 87.1%, but sales are forecasted to slump over 14%.
DA: 35 PA: 12 MOZ Rank: 65