For the quarter ended October 2024, Best Buy (BBY) reported revenue of $9.45 billion, down 3.2% over the same period last year. EPS came in at $1.26, compared to $1.29 in the year-ago quarter.The reported revenue represents a surprise of -1.93% over the Zacks Consensus Estimate of $9.63 billion. With the consensus EPS estimate being $1.30, the EPS surprise was -3.08%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expect ...

Shares of Dick's Sporting Goods Inc (NYSE:DKS) and Best Buy Inc (NYSE:BBY) are in focus today, after both retail giants reported third quarter results.After opening at $227.67, Dick's Sporting Goods stock was last seen 0.1% higher at $216.00, after the sporting goods retailer posted better-than-expected earnings and revenue for the quarter, as well as a strong outlook for the holiday shopping season. The firm raised its full-year guidance, and anticipates fiscal 2024 same-store sales growth of between 3.6% ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

Best Buy (BBY) came out with quarterly earnings of $1.26 per share, missing the Zacks Consensus Estimate of $1.30 per share. This compares to earnings of $1.29 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.08%. A quarter ago, it was expected that this consumer electronics retailer would post earnings of $1.15 per share when it actually produced earnings of $1.34, delivering a surprise of 16.52%.Over the last four quarters ...

Best Buy on Tuesday cut its full-year sales forecast as it missed Wall Street's quarterly revenue expectations and a fresh batch of iPhones and AI-enabled laptops weren't enough to drive higher sales.The consumer electronics retailer said it now expects full-year revenue to range from $41.1 billion to $41.5 billion, compared to prior guidance of $41.3 billion to $41.9 billion. It expects full-year comparable sales to decline by between 2.5% and 3.5%, compared to its prior expectations of a 1.5% to 3% drop. ...

Exhibit 99 Best Buy Reports Third Quarter Results Comparable Sales Declined 2.9% GAAP Diluted EPS Increased 4% to $1.26 Non-GAAP Diluted EPS Decreased 2% to $1.26 MINNEAPOLIS, November 26, 2024 -- Best Buy Co., Inc. (NYSE: BBY) today announced results for the 13-week third quarter ended November 2, 2024 ("Q3 FY25"), as compared to the 13-week third quarter ended October 28, 2023 ("Q3 FY24"). | --- | --- | --- | --- | --- | |-----------------------------------------------------------|-------|-----------|---- ...

Best Buy Co., Inc. BBY will release earnings results for its third quarter, before the opening bell on Tuesday, Nov. 26.Analysts expect the Richfield, Minnesota-based bank to report quarterly earnings at $1.29 per share, compared to $1.29 per share in the year-ago period. Best Buy projects to report revenue of $9.63 billion for the recent quarter, compared to $9.76 billion a year earlier, according to data from Benzinga Pro.On Friday, JPMorgan maintained an Overweight rating on the stock and raised its pric ...

Wall Street analysts expect Best Buy (BBY) to post quarterly earnings of $1.30 per share in its upcoming report, which indicates a year-over-year increase of 0.8%. Revenues are expected to be $9.63 billion, down 1.3% from the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Prior to a company's earnings announcement, it is crucial to co ...

Best Buy Co., Inc. (NYSE: BBY ) retails electronics in the United States and Canada with 965 and 160 locations respectively at the end of January 2024 . The company hasn’t managed to grow its store base meaningfullyI am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around identifying mispriced securities by understanding the drivers behind a compa ...

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