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Bartosiak: Trading Bed Bath & Beyond's (BBBY) Earnings with Options

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On Wednesday, December 21st, Bed Bath & Beyond will release its third quarter earnings results after the bell. The company is a Zacks Rank 4 (Sell), and have a Value, Growth, and Momentum score of A.

Dave will look at Bed Bath & Beyond’s past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.

Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Bed Bath & Beyond ahead of earnings.

Bed Bath & Beyond in Focus

Bed Bath & Beyond is a nationwide operator of superstores selling predominantly better quality domestics merchandise and home furnishings typically found in better department stores. The Company offers a wide assortment of merchandise at everyday low prices that are substantially below regular department store prices and generally comparable to or below department store sale prices. The Company's domestics merchandise line includes items such as bed linens, bath accessories and kitchen textiles, and the company's home furnishings line.

Bed Bath & Beyond is expected to report earnings at $1.00 per share according to the Zacks Consensus Estimate. Last quarter they missed  earnings expectations by -5.13% with their announcement at $1.11 per share. They have an average earnings surprise of -1.50%.

BED BATH&BEYOND Price and EPS Surprise

BED BATH&BEYOND Price and EPS Surprise | BED BATH&BEYOND Quote

Bottom Line

How should investors play Bed Bath & Beyond ahead of their earnings report? For insights on the best options trades, then tune in at 1:00pm tomorrow to see David’s thoughts.

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