For the quarter ended July 2024, Best Buy (BBY) reported revenue of $9.29 billion, down 3.1% over the same period last year. EPS came in at $1.34, compared to $1.22 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $9.23 billion, representing a surprise of +0.63%. The company delivered an EPS surprise of +16.52%, with the consensus EPS estimate being $1.15.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expec ...

Best Buy (BBY) came out with quarterly earnings of $1.34 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.22 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 16.52%. A quarter ago, it was expected that this consumer electronics retailer would post earnings of $1.07 per share when it actually produced earnings of $1.20, delivering a surprise of 12.15%.Over the last four quarters ...

People walk into a Best Buy store in a Brooklyn mall on August 29, 2023 in New York City.Best Buy raised its fiscal-year profit guidance Thursday after exceeding earnings and revenue expectations for the most recent quarter. The retailer now expects to see full-year adjusted earnings per share in the range of $6.10 to $6.35, up from a prior range of $5.75 to $6.20. The company, however, lowered the top end of its guidance ranges for both full-year revenue and comparable sales. "As we look to the back half o ...

Best Buy Reports Second Quarter Results Comparable Sales Declined 2.3% GAAP Diluted EPS Increased 7% to $1.34 Non-GAAP Diluted EPS Increased 10% to $1.34 Raises FY25 Non-GAAP Diluted EPS Guidance Range to $6.10 to $6.35 MINNEAPOLIS, August 29, 2024 -- Best Buy Co., Inc. (NYSE: BBY) today announced results for the 13-week second quarter ended August 3, 2024 ("Q2 FY25"), as compared to the 13-week second quarter ended July 29, 2023 ("Q2 FY24"). | --- | --- | --- | --- | --- | |-------------------------------- ...

CHINA - 2024/06/21: In this photo illustration, the American multinational consumer electronics ... [+] retailer company Best Buy (NYSE: BBY) logo seen displayed on a smartphone with an economic stock exchange index graph in the background. (Photo Illustration by Budrul Chukrut/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesBest Buy (NYSE: BBY), a specialty retailer of consumer electronics, is scheduled to report its Q2 2025 results on Thursday, August 29 (Best Buy’s FY’24 ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Retail giant Best Buy Co Inc (NYSE:BBY) will announce its second-quarter earnings report before the open Thursday, Aug. 29. The stock has a fairly strong post-earnings history over the last two years, finishing six of its last eight next-day sessions higher, including a 13.4% pop this past May. This time around, Wall Street expects earnings of $1.15 per share on revenue of $9.23 billion, which are both lower than the company's same quarter a year ago. In regard to the shares, the options pits are pricing in ...

felixmizioznikov/iStock Editorial via Getty Images Introduction It's been two years since my last article on electronics-focused retailer Best Buy Co., Inc. (NYSE:BBY). In late August 2022 and in a follow-up article in November 2022, when inflation was still increasing and the Federal Reserve was aggressively raising interest rates, I rated BBY stock a buy, primarily due to its great fiscal 2022 results, solid operating fundamentals, and strong balance sheet. The macroeconomic outlook is not exactly rosy to ...

Wall Street analysts forecast that Best Buy (BBY) will report quarterly earnings of $1.15 per share in its upcoming release, pointing to a year-over-year decline of 5.7%. It is anticipated that revenues will amount to $9.23 billion, exhibiting a decline of 3.7% compared to the year-ago quarter.Over the last 30 days, there has been a downward revision of 0.8% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Best Buy (BBY) reports results for the quarter ended July 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 29. On the ot ...