NEW YORK (TheStreet) -- Bed Bath & Beyond Inc. (BBBY) is scheduled to release its 2014 second quarter earnings results after the close on Tuesday, Sept. 23, and analysts polled by FactSet have forecast a decline in earnings per share to $1.14, from the $1.16 per share the company reported for the 2013 second quarter.
FactSet is expecting the owner of the retail chain stores Bed Bath & Beyond, Christmas Tree Shop, Harmon and Harmon Face Values, and more, to post an increase in sales for the 2014 second quarter to $2.9 billion, from $2.82 billion for the 2013 second quarter.
Shares of Bed Bath & Beyond are lower by 0.11% to $63.78 in late afternoon trading on Monday.STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
Separately, TheStreet Ratings team rates BED BATH & BEYOND INC as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation:
"We rate BED BATH & BEYOND INC (BBBY) a BUY. This is driven by some important positives, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, reasonable valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income."