Bob Evans shares rise after company reports 4th-quarter profit hike, offers 2009 guidance
June 4, 2008 - 12:26 a.m.
NEW YORK (AP) - Shares of Bob Evans Farms Inc. jumped Wednesday after the casual dining company offered fiscal 2009 guidance and said its fourth-quarter profit climbed 5 percent.
Shares climbed $5.34, or 18.5 percent, to $34.43 in heavy midday trading.
After the market closed Tuesday, Bob Evans reported its fourth-quarter earnings, beating Wall Street analyst estimates by 11 cents per share, if a pretax gain from the sale of real-estate assets is included in the company's profit.
-
No comments:
Post a Comment