Best Buy (BBY) Tops Q3 EPS by 10c, Revenues Miss; Guides Lower

Best Buy (NYSE: BBY) reported Q3 EPS of $1.29, $0.10 better than the analyst estimate of $1.19. Revenue for the quarter came in at $9.76 billion versus the consensus estimate of $9.9 billion. Comparable Sales Declined 6.9%

GUIDANCE:

Best Buy sees FY2024 EPS of $6.00-$6.30, versus the prior of $6.00-$6.40 and consensus of $6.20. Best Buy sees FY2024 revenue of $43.1-43.7 billion, versus the consensus of $44.16 billion.

For earnings history and earnings-related data on Best Buy (BBY) click here.

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