Best Buy Co (NYSE:BBY) reported its Q2 earnings results on Tuesday, August 30, 2022 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Best Buy Co beat estimated earnings by 21.26%, reporting an EPS of $1.54 versus an estimate of $1.27.
Revenue was down $1.52 billion from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.06 which was followed by a 8.97% increase in the share price the next day.
Here’s a look at Best Buy Co’s past performance:
| Quarter | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.63 | 2.73 | 1.91 | 1.85 |
| EPS Actual | 1.57 | 2.73 | 2.08 | 2.98 |
| Revenue Estimate | 10.43B | 16.59B | 11.56B | 11.49B |
| Revenue Actual | 10.65B | 16.36B | 11.91B | 11.85B |
To track all earnings releases for Best Buy Co visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
