Best Buy Co Inc reports results for the quarter ended April 30 - Earnings Summary

Best Buy

28/05/2026 14:31

Best Buy Co Inc BBY.N reported quarterly adjusted earnings of $1.28​​ per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of $1.15.  The mean expectation of twenty two analysts for the quarter was for earnings of $1.23 per share. Wall Street expected results to range from $1.18  to $1.28 per share.
Revenue rose 1.9% to $8.94 billion from a year ago; analysts expected $8.83 billion. 
Best Buy Co Inc's reported EPS for the quarter was $1.31​.
The company reported quarterly net income of $276 million.
Best Buy Co Inc shares had risen by 0.5% this quarter and lost 3.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.4% in the last three months.​ 
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy," 18 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the computer & electronics retailers peer group is  "buy."
Wall Street's median 12-month price target for Best Buy Co Inc is $70.00, about 7.8% above its last closing price of $64.54
This summary was machine generated from LSEG data May 28 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Apr. 30 2026 
1.23
1.28
Beat
Jan. 31 2026 
2.47
2.61
Beat
Oct. 31 2025 
1.31
1.40
Beat
Jul. 31 2025 
1.21
1.28
Beat