Best Buy (BBY) Tops Q4 EPS by 15c, Offers Q1 and FY Guidance

Best Buy (NYSE: BBY) reported Q4 EPS of $2.90, $0.15 better than the analyst estimate of $2.75. Revenue for the quarter came in at $15.2 billion versus the consensus estimate of $15.06 billion.

• Enterprise Comparable Sales Increased 3.2%

GUIDANCE:

Best Buy sees FY2021 EPS of $6.10-$6.30, versus the consensus of $6.25. Best Buy sees FY2021 revenue of $43.3-44.3 billion, versus the consensus of $44.22 billion.

• Enterprise comparable sales growth of flat to 2.0%

Best Buy sees Q1 2021 EPS of $1.00-$1.05, versus the consensus of $1.01. Best Buy sees Q1 2021 revenue of $9.1-9.2 billion, versus the consensus of $9.28 billion.

• Enterprise comparable sales growth of flat to 1.0%

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

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