Earnings Outlook For Best Buy Co
Portfolio Pulse from Benzinga Insights
Best Buy Co (NYSE:BBY) is set to release its latest quarterly earnings report on Tuesday, 2023-08-29. Analysts estimate an earnings per share (EPS) of $1.06. The company's past performance shows it beat EPS estimates last quarter, resulting in a 4.28% increase in share price. However, the stock has been down 1.83% over the last 52-week period.
August 28, 2023 | 3:00 pm
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Best Buy Co is expected to report an EPS of $1.06 in its upcoming earnings report. The company's stock has been down 1.83% over the last 52 weeks.
The upcoming earnings report is a significant event for Best Buy Co. While the company beat EPS estimates last quarter, the overall stock performance has been negative over the last 52 weeks. This could indicate investor skepticism. The impact of the earnings report will depend on whether the company meets or exceeds the estimated EPS and the guidance it provides for future growth.
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IMPORTANCE 80
RELEVANCE 100