Bob Evans Reports Fiscal 2015 Fourth-Quarter and Full-Year Results; Provides Fiscal Year 2016 Outlook

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Oppenheimer Remains Bullish Following Bob Evans Farms (BOBE) 4Q15 Results

June 17, 2015 8:47 AM EDT

Oppenheimer reiterates an Outperform rating and $57.00 price target on Bob Evans Farms (NASDAQ: BOBE) following 4Q15 results. Adjusted EPS of $0.56 beat Street's $0.41E. '16 EPS guidance was initiated at $1.75-1.95 vs. Street's $1.86E.

Analyst Brian Bittner commented, "An earnings beat... More

Bob Evans Farms (BOBE) Tops Q4 EPS by 15c, Offers FY16 Guidance

June 16, 2015 4:06 PM EDT

Bob Evans Farms (NASDAQ: BOBE) reported Q4 EPS of $0.56, $0.15 better than the analyst estimate of $0.41. Revenue for the quarter came in at $332.4 million versus the consensus estimate of $330.97 million. Comps were up 2.1%.

Fiscal year 2016 outlookMark Hood, Chief Financial Officer said, "Fiscal 2015 was a year of significant change. Our reconstituted Board of Directors has helped us chart a new path forward focused on the turnaround of our restaurant and retail foods businesses, and... More