Best Buy Co., Inc. reports results for the quarter ended July 31 - Earnings Summary
Best Buy Co., Inc. reports results for the quarter ended July 31 - Earnings Summary
Best Buy Co., Inc. BBY.N reported quarterly adjusted earnings of $1.47 per share for the quarter ended July 31, higher than the same quarter last year, when the company reported EPS of $1.28. The mean expectation of twenty two analysts for the quarter was for earnings of $1.38 per share. Wall Street expected results to range from $1.32 to $1.55 per share.
Revenue rose 3.6% to $9.78 billion from a year ago; analysts expected $9.59 billion.
Best Buy Co., Inc.'s reported EPS for the quarter was $1.48.
The company reported quarterly net income of $315 million.
Best Buy Co., Inc. shares had risen by 15.2% this quarter and gained 30.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 3.5% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 20 "hold" and 2 "sell" or "strong sell."
This summary was machine generated from LSEG data August 27 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 |
Jul. 31 2026 | 1.38 | 1.47 | Beat |
Apr. 30 2026 | 1.23 | 1.28 | Beat |
Jan. 31 2026 | 2.47 | 2.61 | Beat |
Oct. 31 2025 | 1.31 | 1.40 | Beat |
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