Bed Bath & Beyond (
) is due with its Q3 report in tonight's after-hours session, and
historically the home decor retailer has a tendency to add to its
earnings-driven after-hours declines in next-day trade.
In 21 quarters where BBBY recorded an earnings-driven
after-hours decline, the stock headed deeper in the red the
following day in 12 of those quarters, or about 57% of the time.
It's a decent advantage historically: enough to watch where
potential ceiling levels develop tonight but not enough to get
On the long side, BBBY has recorded an earnings-driven
after-hours gain in 18 quarters tracked over the last 10 years in
our MT Newswires database. The stock has nine times added to its
evening gains the following day, or about 50% of the time; eight
times reversed direction the next day; and in one event it closed
the after-hours session flat and followed that move with a next-day
gain. There's some slight room for longs to play off any floor
level support that may form tonight.
BBBY is expected to report a Q3 profit of $1.15 per share on
revenue of $2.88 billion, according to Capital IQ.
Here's the historical data:
On Sept. 25, 2013, BBBY gained 5% in after-hours trade after
beating Q2 estimates and setting mixed guidance. The stock saw its
upside narrow the next day, closing the Sept. 26 regular session up
On June 26, 2013, BBBY, dipped 0.3% in after-hours trade after
meeting Q1 expectations, guiding in-line for Q2 and setting its
full year outlook below the Street view. The stock reversed its
move the next day, inching up 0.2% by the close on June 27.
On April 10, 2013, BBBY gained 1.5%in night trade after posting
in-line Q4 results and setting Q1 guidance below expectations. The
stock reversed direction the next day, closing the April 11 regular
session down 2.3%.
On Dec. 19, 2012, BBBY declined 3.8% in after-hours action after
beating on Q3 but setting Q4 guidance below the Street view. The
stock moved further south the next day, closing the Dec. 20 regular
session off 6.5%.
On Sept. 19, 2012, BBBY shed 5.5% in after-hours trade following
a Q2 earnings miss. The stock dropped further the next day, losing
9.8% in the Sept. 20 regular session.
On June 20, 2012, BBBY tumbled 11% in night trade after posting
mixed Q1 results and setting Q2 earnings guidance below Street
estimates. The stock was hammered for more declines the next day,
losing 16.9% in the June 21 regular session.
On April 4, 2012, BBBY gained 4.9% in after-hours trade after
beating Q4 expectations. The stock surged higher the next day,
ending the April 5 regular session up 8.5%.
On Dec. 21, 2011, BBBY declined 3.5% in after-hours action after
beating Q3 estimates but also issuing mixed guidance. The stock
fell further the next day, closing the Dec. 22 regular session off
On Sept. 21, 2011, BBBY gained 1.3% in night trade after beating
Q2 EPS estimates, meeting on sales, and setting guidance that
straddled the Street view. The stock cut its upside the next day,
ending the Sept. 22 regular session up 0.6%.
On June 22, 2011, BBBY advanced 2.1% in after-hours trade after
topping Q1 estimates and setting Q2 guidance in-line to below
expectations. The stock firmed higher the next day, rising 5.3% by
the regular session close on June 23.
On April 6, 2011, BBBY leaped 9.2% in evening trade after
beating Q4 expectations and setting in line guidance. The stock
firmed even higher the next day, advancing 10.4% by the close on
On Dec. 22, 2010, BBBY gained 5.4% in after-hours trade after
topping Q3 estimates, setting bullish guidance and approving a
stock buyback plan. The gain narrowed slightly the next day,
closing the Dec. 23 regular session up 5.1%.
On Sept. 22, 2010, BBBY advanced 4.6% in evening action after
topping Q2 expectations and raising its earnings growth goal. The
stock cut its upside the following day, closing the Sept. 23
regular session up 3.2%.
On June 23, 2010, BBBY declined 5.5% in after-hours trade after
beating Q1 expectations and setting its Q2 earnings view below
Street estimates. The stock added slightly to its downside the next
day, closing the June 24 regular session down 5.6%.
On April 7, 2010, BBBY advanced 3.9% in evening trade after
reporting better-than-expected results and guidance. It added
slightly to its upside the following day, closing the April 8
regular session up 4%.
On Jan. 6, 2010, BBBY surged 7.8% in after-hours action after
reporting better-than-expected results and guidance. It narrowed
its upside the following day, closing the Jan. 7 regular session up
On Sept. 23, 2009, BBBY declined 2.6% in after-hours trade
despite beating Q2 expectationas. The stock added ot its downside
the following day, ending the Sept. 24 regular session down
On June 24, 2009, the stock advanced 5.7% in extended-hours
trading after BBBY beat with Q1 results. The gain swelled to 9.4%
the next day.
On April 7, 2009, BBBY surged 13.7% in after-hours trade after
reporting better-than-expected Q4 results. The stock leaped higher
the following day, rising 24.2% by the closing bell on April 8.
On Jan. 7, 2009, BBBY dipped 0.8% in evening trade despite
beating earnings expectations. The stock turned north the following
day, rising 4.5% in the Jan. 8 regular session.
On Sept. 24, 2008, BBBY ended the after-hours session flat after
meeting Q2 expectations. The stock gained 4.8% in the Sept. 25
On June 25, 2008, the stock jumped 8.5% in post-bell trading
after BBBY beat with Q1 results. The gain was nearly halved the
next day, to 4.2%.
On April 9, 2008, the stock fell 5.6% during evening trading
after BBBY just beats with Q4 EPS though revenue shy. Shares
rebounded to end up a slim 0.6% the next day.
On Jan, 3, 2008, BBBY fell 6.2% during evening trading after the
company reported results above the year-ago period but guided in a
range that appeared to be below the Street mean, although direct
comparision wasn't clear. The share loss was trimmed to 4.4% the
On Sept. 26, 2007, BBBY advanced 1.5% in after-hours trade after
beating Q2 sales expectations and approviing a $1 billion stock
buyback. It saw its upside evaporate the next day, closing the
Sept. 27 regular session down 1.1%.
On June 27, 2007, BBBY dropped 5.2% in after hours despite the
company's topping Q1 estimates. Shares managed to claw back some of
those losses but still ended the next day session down 3.9%.
On April 11, 2007, BBBY lost 2% in night trade despite topping
Q4 expectations. Shares recovered slightly the next day, ending the
regular session down 1.8%.
On Dec. 20, the stock was down 2.3% in the evening hours despite
topping year-ago results and setting a share buyback. The stock
fell 3.5% the next day.
On Sept. 20, 2006, the stock fell 1.4% in the evening hours in a
muted reaction to results that matched the Street view. Shares
reversed to close up 3.4% the next day.
On June 21, 2006, shares fell 2.5% in the evening session after
the company says Q1 sales were $1.396 billion, more than the FC
mean for $1.394 billion. EPS were $0.33, including stock-based
compensation. The FC mean, ex-items, was $0.35 per share. The stock
fell 6% the next day.
On April 5, 2006, the stock advanced 5.8% in night trading after
the company reported ahead of the Street with its Q4 results and
guided in line to higher for the coming quarter and the full year.
The gain expanded to 6.5% the next day.
On Dec. 21, 2005, shares dropped 6.2% after the company reported
EPS in line with the Street's view but sales shy of expectations.
The loss expanded to 12% the next day.
BBBY advanced 3.7% the night of Sept. 21, 2005 after the company
topped earnings expectations by a penny. It firmed even higher on
Sept. 22, rising 6% by the bell-to-bell close.
BBBY declined 3.6% the night of June 22, 2005 after beating the
then-current Street estimates. Sellers continued to dog the issue
on June 23, pressuring it down 5.4% by that day's close.
BBBY jumped 6.1% the night of April 6, 2005 after the company
blew past Q4 earnings expectations. The stock surged higher on
April 7, adding 11% by the closing bell.
On Dec. 15, 2004, BBBY added 3.7% in night play after the
company beat expectations. Traders slashed the upside the following
day, and the stock ended the Dec. 16 regular session down 1.7%.
Back on Sept. 22, 2004 BBBY lost 4% in the evening session after
it matched the Street view. It added to its downside the following
day, losing 5% by the closing bell.
On June 23 of 2004, BBBY reported in-line sales results and
better-than-expected earnings, but was still hit with selling,
losing 1.7% in after-hours trade. It narrowed its downside on June
24, eking out a 0.2% decline by the bell-to-bell close.
On March 31, 2004 BBBY edged down 0.5% in night trade after the
company beat expectations by three cents. Despite the strong
result, the stock continued its negative momentum on April 1,
sliding 3.2% by the close.
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