Bob Evans Farms Inc. (BOBE) reported first quarter adjusted EPS of $0.51 after the bell Tuesday, compared to $0.10 in the previous year. Analysts expected EPS of $0.30. Full year adjusted EPS is expected to be between $1.85 and $2.00. The consensus estimate is for EPS of $1.85.
Bob Evans Farms gapped open higher Wednesday and has spiked to the upside in early trade. Shares are now up 3.96 at $48.43 on above average volume. The stock has surged to nearly a 1-month high.
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