(Updated - November 17, 2016 7:02 AM EST)

Best Buy (NYSE: BBY) reported Q3 EPS of $0.62, $0.15 better than the analyst estimate of $0.47. Revenue for the quarter came in at $8.95 billion versus the consensus estimate of $8.85 billion.

Domestic comps rose 1.8 percent, versus a gain of 1.0 percent expected by analysts.

Q4 Outlook:

Best Buy is providing the following Q4 FY17 financial guidance:

• Enterprise revenue in the range of $13.4 billion to $13.6 billion. (The Street sees $13.7 billion.)
• Enterprise comparable sales change in the range of (1.0%) to 1.0%
• Domestic comparable sales change in the range of (1.0%) to 1.0%
• International comparable sales change in the range of (2.0%) to 2.0%
• Non-GAAP effective income tax rate of 35.0% to 35.5%3
• Diluted weighted average share count of approximately 315 million
• Non-GAAP diluted EPS of $1.62 to $1.673. (The Street sees $1.58.)

Note: In Q4 FY17, International revenue is expected to once again be comparable on a year-over-year basis and therefore the company is now guiding Enterprise, Domestic and International comparable sales.5

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