Best Buy (BBY) Tops Q4 EPS by 20c; offers guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/15/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
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
