Books-A-Million (BAMM) Announces Quarterly Earnings

Books-A-Million (NASDAQ: BAMM) announced its earnings results on Tuesday. The company reported ($0.25) earnings per share (EPS) for the quarter, StockRatingsNetwork.com reports. The company had revenue of $104.50 million for the quarter, compared to the consensus estimate of $112.80 million.

On the ratings front, analysts at Thomson Reuters/Verus upgraded shares of Books-A-Million from a “sell” rating to a “hold” rating in a research note to investors on Monday, May 20th.

Books-A-Million (NASDAQ: BAMM) traded up 2.89% on Tuesday, hitting $3.20. Books-A-Million has a 52-week low of $2.25 and a 52-week high of $3.27. The stock’s 50-day moving average is currently $2.55. The company has a market cap of $48.0 million and a price-to-earnings ratio of 19.44.

Books-A-Million, Inc. is a book retailer primarily located in the eastern United States. The Company operates both superstores and traditional bookstores.

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