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

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Oppenheimer Remains Bullish on Bob Evans Farms (BOBE) as Low Tax Rate Drives EPS Beat

June 15, 2016 9:35 AM EDT

Oppenheimer reiterated an Outperform rating and $50.00 price target on Bob Evans Farms (NASDAQ: BOBE), following the company's 4Q earnings report. BOBE reported an adjusted EPS of $0.48, coming in ahead of the Street's $0.43. The beat was primarily helped from a lower tax rate.

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Bobe Evans Farms (BOBE) volatility elevated into Q4 and outlook

June 14, 2016 3:39 PM EDT

Bobe Evans Farms (NASDAQ: BOBE) June call option implied volatility is at 109, July is at 44; compared to its 52-week range of 21 to 50 into the expected release of Q4 on June 15.

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