Microsoft Corp MSFT:NASDAQ

Last Price$296.37NASDAQ Closing Price as of 4:00PM ET 1/24/22
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Today's Change+0.34(0.11%)
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Ask (Size)$298.29 (1)
Day Low / High$276.05 - 297.11
Volume85.8 M

Update: Barnes & Noble Education Fiscal Q2 Gains Trail Estimates; Shares Drop 15%

2:44PM ET 11/30/2021 MT Newswires
(Updates with recent stock price movement and trading volume in the headline and last paragraph.)

Barnes & Noble Education (BNED) on Tuesday reported fiscal Q2 earnings of $0.41 per diluted share, up from $0.15 per share a year earlier.

Two analysts were looking for EPS of $0.58 on average, according to data from Capital IQ.

Sales rose to $627 million in the quarter ended Oct. 30, from $595.5 million a year earlier. The average analyst forecast was $663.3 million.

The textbooks retailer and college book stores operator said it expects non-GAAP adjusted earnings before interest, taxes, depreciation, and amortization to be positive in fiscal year 2022 and to approach annual pre-COVID levels in fiscal year 2023.

Analysts estimated full-year fiscal 2022 EBITDA at $30.3 million.

Shares fell 16% with 1.4 million traded by late afternoon against the stock's daily average of about 437,000.

Price: 7.55, Change: -1.34, Percent Change: -15.03