Best Buy Reports Fourth Quarter Results
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Raymond James Downgrades Best Buy (BBY) to Outperform
February 26, 2021 7:35 AM ESTRaymond James analyst Matthew McClintock downgraded Best Buy (NYSE: BBY) from Strong Buy to Outperform with a price target of $120.00 (from $150.00).
The analyst comments "We are downgrading BBY to an Outperform rating from Strong Buy and lowering our price target to $120 from $150 following Best Buy's F4Q21... More
Best Buy (BBY) Raises Quarterly Dividend 27.3% to $0.70; 2.5% Yield
February 25, 2021 7:03 AM ESTBest Buy (NYSE: BBY) declared a quarterly dividend of $0.70 per share, or $2.8 annualized. This is a 27.3% increase from the prior dividend of $0.55.
The dividend will be payable on April 8, 2021, to stockholders of record on March 18, 2021, with an ex-dividend date of March 17,... More
Best Buy (BBY) Tops Q4 EPS by 6c, Offers Outlook
February 25, 2021 7:02 AM ESTBest Buy (NYSE: BBY) reported Q4 EPS of $3.48, $0.06 better than the analyst estimate of $3.42. Revenue for the quarter came in at $16.94 billion versus the consensus estimate of $17.15 billion.
Enterprise Comparable Sales Increased 12.6%Domestic Comparable Online Sales Increased 89.3%Although not... More
