CORRECTION: Best Buy Sees FY25 Adj. EPS $5.75-$6.20 vs $6.13 Est., Revenue $41.3B-$42.6B vs $42.37B Est.
Portfolio Pulse from Benzinga Newsdesk
Best Buy has updated its financial outlook for FY25, projecting adjusted EPS to be between $5.75 and $6.20, compared to the estimated $6.13. The company also forecasts revenue to range from $41.3 billion to $42.6 billion, against the estimated $42.37 billion.
February 29, 2024 | 2:40 pm
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Best Buy has adjusted its FY25 financial outlook, with both adjusted EPS and revenue projections falling short of analyst estimates.
Best Buy's revised financial outlook for FY25 indicates lower-than-expected adjusted EPS and revenue, which could lead to negative investor sentiment and potentially impact the stock price negatively in the short term.
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