Bed, Bath & Beyond Shares Rise After Besting Q4 Earnings

April 07, 2012

Shares of Bed, Bath & Beyond (NASDAQ:BBBY) rose 6% after the company reported fourth quarter earnings late Wednesday.The company reported EPS of $1.48, better than analyst estimates of $1.38 per share. Revenues for the quarter rose 9.1% year-over-year to $2.73 billion, better than consensus estimates of $2.66 billion.Bed Bath & Beyond is currently above its 50-day moving average (MA) of $62.63 and above its 200-day of $59.65.