Bed Bath & Beyond Inc Q4 adjusted earnings Beat Estimates

(RTTNews) - Bed Bath & Beyond Inc (BBBY) reported earnings for fourth quarter that dropped from last year.

The company's bottom line came in at $194.04 million, or $1.41 per share. This compares with $268.73 million, or $1.84 per share, in last year's fourth quarter.

Excluding items, Bed Bath & Beyond Inc reported adjusted earnings of $204.59 million or $1.48 per share for the period.

Analysts had expected the company to earn $1.39 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 5.4% to $3.72 billion from $3.53 billion last year.

Bed Bath & Beyond Inc earnings at a glance:

-Analysts Estimate: $1.39 -Revenue (Q4): $3.72 Bln vs. $3.53 Bln last year.