Best Buy (BBY) Tops Q2 EPS by 18c; updates guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/16/2026
- 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?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- SanDisk upgraded at JPMorgan after investor day; shares climb
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Best Buy (BBY) PT Raised to $116 at Jefferies
August 29, 2024 2:31 PM EDTJefferies analyst Jonathan Matuszewski raised the price target on Best Buy (NYSE: BBY) to $116.00 (from $94.00) while maintaining a Buy rating.
The analyst comments "Varying levels of slack in household balance sheets have always guided CE demand, but we're in a unique... More
Best Buy stock soars 17% on strong beat-and-raise Q2 print
August 29, 2024 7:18 AM EDT(Updated - August 29, 2024 10:23 AM EDT)
Best Buy (NYSE: BBY) raised its annual profit forecast on Thursday and reported better-than-expected top and bottom lines for the fiscal Q2 2025.
The retailers shares soared more than 17% after the opening bell.
BBY posted Q2 earnings per share (EPS) of $1.34, topping the consensus estimate of $1.16. The company generated $9.29 billion in revenue, slightly above the projected $9.24 billion.
Enterprise... More
