Best Buy Reports Third Quarter Results

Go back to Best Buy Reports Third Quarter Results

Best Buy (BBY) stock jumps on Q3 beat, raised guidance

November 22, 2022 8:37 AM EST

Best Buy (NYSE: BBY) shares gained over 8% in pre-open trading Tuesday following better-than-expected third-quarter results and raised guidance.

The retailer posted non-GAAP EPS of $1.38, down from $2.08 last year, but better than the consensus of $1.03. Meanwhile, revenue fell 11.1% from last year to $10.59 billion but again... More

Best Buy (BBY) Tops Q3 EPS by 35c

November 22, 2022 7:01 AM EST

Best Buy (NYSE: BBY) reported Q3 EPS of $1.38, $0.35 better than the analyst estimate of $1.03. Revenue for the quarter came in at $10.59 billion versus the consensus estimate of $10.32 billion.

FY23 Financial Guidance:

We are updating our FY23 outlook to flow through our... More