Barnes & Noble Reports Fiscal 2019 First Quarter Financial Results
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Barnes & Noble (BKS) PT Lowered to $5 at Craig-Hallum; Guidance 'Aspirational'
September 6, 2018 12:40 PM EDTCraig-Hallum analyst Alex Fuhrman lowered the price target on Barnes & Noble (NYSE: BKS) to $5.00 (from $6.00) while maintaining a Neutral rating.
Fuhrman said guidance looks more like an aspiration than a projection, with management expecting positive Holiday comps after 10 straight quarters of declines.
... MoreBarnes & Noble (BKS) Misses Q1 EPS by 14c, Revenues Miss
September 6, 2018 8:32 AM EDTBarnes & Noble (NYSE: BKS) reported Q1 EPS of ($0.23), $0.14 worse than the analyst estimate of ($0.09). Revenue for the quarter came in at $795 million versus the consensus estimate of $833.4 million.
We fully realize that cutting expenses does not alone provide a path to the long term... More
