Best Buy (BBY) Posts Q1 adj.-EPS of 32c; Comps Down 1.1%
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Best Buy (BBY) Numbers Raised at Jefferies Post Q1
May 22, 2013 8:56 AM EDTJefferies bumped estimates and its price target Best Buy (NYSE: BBY) from $30 to $31 following Q1 results.
Analyst Daniel Binder comments, "With sales in line and expenses contributing to an EPS beat, the disappointment was GM%, which was lower than anticipated. The core... More
Best Buy (BBY) Margins Cause for Concern; Wedbush Maintains Underperform
May 21, 2013 11:33 AM EDTWedbush today maintained an Underperform rating on Best Buy (NYSE: BBY) with a price target of $9.00. This morning Best Buy reported mixed Q1 results, with an EPS beat and a miss on the top line. Adjusted comps fell 1.3%. Commenting, analyst Michael Pachter express concerns about margins.... More
