Best Buy (BBY) Q3 Earnings and Revenues Top Estimates

Core Insights - Best Buy reported quarterly earnings of $1.4 per share, exceeding the Zacks Consensus Estimate of $1.31 per share, and up from $1.26 per share a year ago, representing an earnings surprise of +6.87% [1] - The company achieved revenues of $9.67 billion for the quarter ended October 2025, surpassing the Zacks Consensus Estimate by 1.01% and increasing from $9.45 billion year-over-year [2] - Best Buy has consistently surpassed consensus EPS and revenue estimates over the last four quarters [2] Earnings Outlook - The sustainability of Best Buy's stock price movement will largely depend on management's commentary during the earnings call [3] - The current consensus EPS estimate for the upcoming quarter is $2.53 on revenues of $13.99 billion, and for the current fiscal year, it is $6.26 on revenues of $41.77 billion [7] Industry Context - The Retail - Consumer Electronics industry, to which Best Buy belongs, is currently ranked in the top 39% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Best Buy's stock performance [5]