Bed Bath & Beyond Jumps After Earnings (BBBY)

Retailer Bed Bath & Beyond BBBY reported its third quarter earnings after the closing bell on Wednesday. The company reported earnings per share of $0.74 compared to analysts' consensus estimates of $0.66. Revenues rose 11.1% year over year. During Thursday's trading session, BBBY shares have risen 6.23% to $50.65. Volume has been heavy with more than 4.34 million shares already trading hands compared to a daily average volume of 2.42 million.