04.03.2014 22:13:23
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Bob Evans Farms Posts Q3 Profit - Quick Facts
(RTTNews) - Bob Evans Farms, Inc. (BOBE) Tuesday reported third-quarter profit of $5.7 million or $0.22 per share, compared to a loss of $55.1 million or $1.96 per share in the same period last year.
Adjusted earnings for the quarter were $7.8 million or $0.30 per share. On average, seven analysts polled by Thomson Reuters expected the company to earn $0.57 per share for the quarter. Analysts' estimates typically exclude special items.
Sales decreased to $340.13 million from $434.44 million last year. Analysts expected sales of $350.54 million. Consolidated same-store sales for the quarter were down 3.6 percent. Looking ahead, the company has forecast full-year 2015 earnings in the range of $2.80 to $3.00 per share. Analysts currently expect full-year earnings of $2.90 per share.
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