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Non-Tech : Barnes & Noble (BKS) -- Ignore unavailable to you. Want to Upgrade?


To: Crystal ball who wrote (1540)8/19/1999 9:57:00 AM
From: Wally Mastroly  Read Replies (2) | Respond to of 1691
 
Earnings release - headlines:

09:45 [BKS] BARNES & NOBLE Q2 SUPERSTORE SAME STORE SALES UP 6.6%.

09:45 [BKS] BARNES & NOBLE Q2 13 CENTS EXCLUDING ITEMS VS LOSS 8 CENTS; FIRST CALL CONSENSUS 7

Details:

biz.yahoo.com

Excerpt:

"..Consolidated net earnings for the quarter were $23.5 million, or $0.33 per share, as compared with a consolidated net loss of ($5.7) million or ($0.08) per share for the same period last year. Earnings before taxes from the company's retail business excluding non-recurring items increased 16.1 percent to $15.5 million or $0.13 per share after tax. Consolidated net earnings for the quarter consisted of net earnings of $0.13 per share from the retail business, a loss of ($0.05) per share from the company's 40 percent investment in barnesandnoble.com, and a net non-recurring gain of $0.25 per share (see below)...

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ESTIMATE 7 CENTS, WHISPER NUMBER WAS 8 CENTS

earningswhispers.com

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Note: Assume the consensus number of 7 cents compares to the actual operating earnings number of 13 cents (but I'm not positive)