Bob Evans Farms (BOBE) Tops Q4 EPS by 5c; Offers Light FY17 Outlook

Bob Evans Farms (NASDAQ: BOBE) reported Q4 EPS of $0.48, $0.05 better than the analyst estimate of $0.43. Revenue for the quarter came in at $345.6 million versus the consensus estimate of $345.26 million.

Bob Evans Restaurants’ Q4 2016 same-store sales declined 3 percent; in-line with expectations. Comprehensive menu redesign scheduled for late-summer system-wide launch; will highlight value and be more guest-friendly

GUIDANCE:

Bob Evans Farms sees FY2017 EPS of $2.00-$2.15, versus the consensus of $2.19. Bob Evans Farms sees FY2017 revenue of $1.28-1.33 billion, versus the consensus of $1.32 billion.

For earnings history and earnings-related data on Bob Evans Farms (BOBE) click here.

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