Shares of Best Buy Co., Inc. BBY are currently down 15.7% at $35.17 per share during Tuesday afternoon trading.
Early on Monday morning Best Buy Co. reported 3rd quarter net earnings of 54 cents per share, on revenue of $11.89 billion.
A poll of analysts conducted by Thomson Reuters showed an average Wall Street estimate of expected earnings of 61 cents per share, on revenue of $12.47 billion.
Today's trading range for shares of Best Buy Co., Inc has been between $34.25 and $36.15 per share.
The consensus price target of analysts covering the company's stock was $46.82 per share.
Volume of 55 million shares is nearly 10 times the daily average volume of 5.8 million shares.
Read more from Benzinga's Company news.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
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!
Already a member?Sign in