Best Buy (BBY) Q3 Earnings and Revenues Lag Estimates
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Best Buy (BBY) reported Q3 earnings of $1.26 per share, missing the Zacks Consensus Estimate of $1.30. This is a slight decrease from $1.29 per share a year ago.
November 26, 2024 | 2:30 pm
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Best Buy's Q3 earnings of $1.26 per share missed the Zacks Consensus Estimate of $1.30, and were slightly lower than last year's $1.29 per share.
The earnings miss, although slight, indicates a potential negative sentiment among investors, which could lead to a short-term decline in stock price. The comparison to last year's earnings also shows a slight decrease, reinforcing the negative outlook.
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