05.12.2016 22:17:12

Bob Evans Farms Profit Rises 22% In Q2

(RTTNews) - Bob Evans Farms (BOBE) announced earnings for its second quarter that rose from last year.

The company said its bottom line advanced to $11.18 million, or $0.56 per share. This was up from $9.20 million, or $0.41 per share, in last year's second quarter.

Analysts had expected the company to earn $0.45 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 2.8% to $315.96 million. This was down from $325.02 million last year.

Bob Evans Farms earnings at a glance:

-Earnings (Q2): $11.18 Mln. vs. $9.20 Mln. last year. -Earnings Growth (Y-o-Y): 21.5% -EPS (Q2): $0.56 vs. $0.41 last year. -EPS Growth (Y-o-Y): 36.6% -Analysts Estimate: $0.45 -Revenue (Q2): $315.96 Mln vs. $325.02 Mln last year. -Revenue Change (Y-o-Y): -2.8%

-Guidance: Full year EPS guidance: $2.15 - $2.30 Full year revenue guidance: $1.24 - $1.29 Bln

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