The company said net income from continuing operations was $9.8 million, or 40 cents per diluted share, compared with net income from continuing operations of $29.6 million, or $1.05 per diluted share, in the comparable period a year ago.
For the fourth quarter of 2014, non-GAAP net income from continuing operations was $11.8 million, or 48 cents per diluted share -- 7 cents better than the Capital IQ Consensus Estimate of 41 cents-- compared with non-GAAP net income from continuing operations of $19.4 million, or 69 cents per diluted share, in the comparable period last year.
The company reports fiscal 2014 diluted GAAP EPS from continuing operations of $1.16, compared to $2.90 in the prior year; diluted non-GAAP EPS from continuing operations was $1.68 for the full year, compared to $2.39 in the prior year
Bob Evans updated its fiscal 2015 diluted EPS guidance range set at $1.90 to $2.20. The updated guidance assumes $85 per hundredweight sow costs and gradual improvement in Bob Evans Restaurants' sales trends.
TheStreet Ratings team rates BOB EVANS FARMS as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation: