Best Buy (BBY) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates

Wall Street analysts forecast that Best Buy (BBY) will report quarterly earnings of $1.08 per share in its upcoming release, pointing to a year-over-year decline of 6.1%. It is anticipated that revenues will amount to$ 8.97 billion, exhibiting a decline of 5.2% compared to 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.Before a co ...