UPDATE: Best Buy Rises On Upbeat Earnings

Best Buy Co BBY posted a profit in the fourth quarter. Best Buy swung to a quarterly profit of $293 million, or $0.83 per share, versus a year-ago loss of $409 million, or $1.21 per share. Its adjusted operating income from continuing operations came in at $1.24 per share. Its revenue slipped to $14.47 billion versus $14.92 billion. However, analysts were projecting earnings of $1.01 per share on sales of $14.67 billion. Best Buy shares gained 5.38% to $27.21 in pre-market trading.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsprofit
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!