Bob Evans Farms, Inc. (BOBE) to Release Earnings on Monday
Bob Evans Farms, Inc. (NASDAQ:BOBE) will be posting its quarterly earnings results before the market opens on Monday, December 4th. Analysts expect Bob Evans Farms to post earnings of $0.40 per share for the quarter. Bob Evans Farms has set its FY18 guidance at $2.10-2.30 EPS.
Bob Evans Farms (NASDAQ:BOBE) last posted its quarterly earnings data on Wednesday, August 30th. The restaurant operator reported $0.37 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.37. Bob Evans Farms had a return on equity of 19.52% and a net margin of 19.49%. The company had revenue of $109.30 million during the quarter, compared to analysts’ expectations of $102.29 million. During the same quarter in the previous year, the business earned $0.48 EPS. Bob Evans Farms’s revenue was up 27.2% compared to the same quarter last year. On average, analysts expect Bob Evans Farms to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Bob Evans Farms, Inc. (BOBE) opened at $77.63 on Monday. Bob Evans Farms, Inc. has a 1-year low of $43.96 and a 1-year high of $78.18. The company has a current ratio of 1.11, a quick ratio of 0.83 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $1,556.25, a price-to-earnings ratio of 33.90 and a beta of 0.55.
A number of equities analysts recently issued reports on the company. Maxim Group cut Bob Evans Farms from a “buy” rating to a “hold” rating and set a $77.00 price objective for the company. in a report on Tuesday, September 19th. BidaskClub upgraded Bob Evans Farms from a “hold” rating to a “buy” rating in a report on Wednesday, August 2nd. Zacks Investment Research upgraded Bob Evans Farms from a “sell” rating to a “hold” rating in a report on Friday, August 4th. Berenberg Bank cut Bob Evans Farms from a “buy” rating to a “hold” rating and lowered their target price for the stock from $78.00 to $77.00 in a report on Wednesday, September 20th. Finally, CJS Securities began coverage on Bob Evans Farms in a report on Wednesday, September 20th. They issued an “outperform” rating and a $85.00 target price for the company. Nine equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $76.05.
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Bob Evans Farms Company Profile
Bob Evans Farms, Inc (Bob Evans) is a producer and distributor of refrigerated potato, pasta and vegetable-based side dishes, pork sausage, and a variety of refrigerated and frozen food items under the Bob Evans and Owens or Country Creek brand names. The Company’s food products are distributed to customers throughout the United States.
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