Bob Evans Farms (BOBE) Misses Q2 EPS Views; Adds $50M to Buyback Plan

December 4, 2013 6:13 AM EST
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Price: $77.01 --0%

Financial Fact:
Operating Income: 1.47M

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Bob Evans Farms (Nasdaq: BOBE) reported Q2 EPS of $0.35, $0.22 worse than the analyst estimate of $0.57. Revenue for the quarter came in at $240.5 million versus the consensus estimate of $334.4 million.

Real comps fell 5.2 percent. Nominal comps were down 1.9 percent.

Company announces $50 million expansion of fiscal 2014 share repurchase program; program now totals $225 million for fiscal 2014.

Now sees FY2014 EPS of $2.60 to $2.65. The Street is at $2.72.

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


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