Best Buy Co Q2 Adj. EPS $1.22 Beats $1.06 Estimate, Sales $9.58B Beat $9.52B Estimate
Portfolio Pulse from Benzinga Newsdesk
Best Buy Co reported Q2 earnings of $1.22 per share, beating the analyst consensus estimate of $1.06 by 15.09%. However, this is a 20.78% decrease from the same period last year. The company also reported quarterly sales of $9.58 billion, beating the estimate of $9.52 billion by 0.66%, but this is a 7.22% decrease from the same period last year.

August 29, 2023 | 11:04 am
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Best Buy Co's Q2 earnings and sales beat estimates but decreased from the same period last year.
While Best Buy Co beat earnings and sales estimates, the year-over-year decreases may concern investors. This mixed result could lead to neutral short-term price movement.
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