Recap: Best Buy Co Q3 Earnings

Best Buy Co BBY reported its Q3 earnings results on Tuesday, November 21, 2023 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Best Buy Co beat estimated earnings by 8.4%, reporting an EPS of $1.29 versus an estimate of $1.19.

Revenue was down $831.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.16 which was followed by a 1.3% drop in the share price the next day.

Here's a look at Best Buy Co's past performance:

Quarter Q2 2024 Q1 2024 Q4 2023 Q3 2023
EPS Estimate 1.06 1.11 2.11 1.03
EPS Actual 1.22 1.15 2.61 1.38
Revenue Estimate 9.52B 9.52B 14.72B 10.31B
Revenue Actual 9.58B 9.47B 14.73B 10.59B

To track all earnings releases for Best Buy Co visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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