Best Buy (BBY) Tops Q4 EPS by 20c; offers guidance

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/2/2026

1. INTC
2. AMZN
3. COIN
4. RDDT
5. PINS
6. FSLR
7. SYK
8. DASH
9. MA
10. FND

Go back to Best Buy (BBY) Tops Q4 EPS by 20c; offers guidance

Best Buy (BBY) rises on earnings, revenue beat

February 29, 2024 8:40 AM EST

(Updated - February 29, 2024 8:54 AM EST)

Best Buy (NYSE: BBY) reported a stronger-than-expected finish to its fiscal year, with fourth-quarter earnings and revenue surpassing analyst estimates. The company's shares surged 3.54% as investors responded positively to the news.

For the fourth quarter, the electronics retailer posted adjusted earnings per share (EPS) of $2.72, exceeding the consensus estimate of $2.52. Revenue for the quarter was also higher than expected at $14.65 billion, compared to the analyst forecast of $14.56 billion. Despite a challenging consumer electronics sales environment, the company's revenue showed resilience, declining only 0.9% from the... More