Best Buy Reports Better-than-Expected Fourth Quarter Earnings

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Go back to Best Buy Reports Better-than-Expected Fourth Quarter Earnings

Best Buy (BBY) Raises Quarterly Dividend 11.1% to $0.50; New $3B Buyback

February 27, 2019 7:21 AM EST

Best Buy (NYSE: BBY) declared a quarterly dividend of $0.50 per share, or $2 annualized. This is an 11.1% increase from the prior dividend of $0.45. The dividend will be payable on April 10, 2019, to stockholders of record on March 20, 2019, with an ex-dividend date of March 19, 2019. The... More

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

February 27, 2019 7:03 AM EST

Best Buy (NYSE: BBY) reported Q4 EPS of $2.72, $0.15 better than the analyst estimate of $2.57. Revenue for the quarter came in at $14.8 billion versus the consensus estimate of $14.7 billion.

GUIDANCE:

Best Buy sees Q1 2020 EPS of $0.83-$0.88, versus the consensus of... More