Here's Why Best Buy (BBY) Looks Poised for Earnings Beat in Q4

Best Buy Co., Inc. (BBY) is likely to register year-over-year declines in the top and bottom lines when it reports its fourth-quarter fiscal 2024 results on Feb 29, before the opening bell.The Zacks Consensus Estimate for revenues is pegged at $14,517 million, indicating a 1.5% decrease from the year-ago quarter’s reported figure. The consensus estimate for quarterly earnings has been unchanged at $2.51 in the past 30 days, suggesting a 3.8% plunge from the year-ago quarter’s reported figure.BBY delivered a ...