Best Buy Reports Fourth Quarter Results

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Go back to Best Buy Reports Fourth Quarter Results

Evercore ISI Recaps Best Buy (BBY) Q4 2022 Earnings

March 2, 2023 8:12 AM EST

Evercore ISI analyst Greg Melich reiterated an In Line rating and $85.00 price target on Best Buy (NYSE: BBY).

The analyst comments "Best Buy did not guide to 1Q but said most pressure from topline should be in 1Q. They did provide a FY24 full year outlook: Comps for FY24 are guided down -6 to -3% at the midpoint, with... More

Best Buy (BBY) Raises Quarterly Dividend 4.5% to $0.92; 4.5% Yield

March 2, 2023 7:03 AM EST

Best Buy (NYSE: BBY) declared a quarterly dividend of $0.92 per share, or $3.68 annualized. This is a 4.5% increase from the prior dividend of $0.88.

The dividend will be payable on April 13, 2023, to stockholders of record on March 23, 2023, with an ex-dividend date of March 22,... More

Best Buy (BBY) Tops Q4 EPS by 51c, Guidance Misses

March 2, 2023 7:02 AM EST

Best Buy (NYSE: BBY) reported Q4 EPS of $2.61, $0.51 better than the analyst estimate of $2.10. Revenue for the quarter came in at $14.74 billion versus the consensus estimate of $14.7 billion.

GUIDANCE:

Best Buy sees FY2024 EPS of $5.70-$6.50, versus the consensus... More