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Bed Bath & Beyond (BBBY) is set to report earnings after today’s close. The stock has basically traded around $40 a share for the last 2-1/2 years. The current earnings estimate is for 45 cents a share.

To give you an idea of how reliable the company is, there are 25 analyst estimates and the highest is for 46 cents, the lowest is for 45 cents. Talk about a narrow range! Last year, BBBY earned 40 cents a share. I don’t believe the company has ever missed its earnings estimate in 13 years as a publicly traded stock.

The shares are rallying today:

Posted by edelfenbein at December 21, 2005 12:29 PM