Best Buy Co (NYSE:BBY) reported its Q3 earnings results on Tuesday, November 21, 2023 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Best Buy Co beat estimated earnings by 8.4%, reporting an EPS of $1.29 versus an estimate of $1.19.
Revenue was down $831.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.16 which was followed by a 1.3% drop in the share price the next day.
Here’s a look at Best Buy Co’s past performance:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 1.06 | 1.11 | 2.11 | 1.03 |
| EPS Actual | 1.22 | 1.15 | 2.61 | 1.38 |
| Revenue Estimate | 9.52B | 9.52B | 14.72B | 10.31B |
| Revenue Actual | 9.58B | 9.47B | 14.73B | 10.59B |
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.
