RICHFIELD, Minn. (AP) — RICHFIELD, Minn. (AP) — Best Buy Co. (BBY) on Tuesday reported fiscal fourth-quarter net income of $117 million.

On a per-share basis, the Richfield, Minnesota-based company said it had profit of 54 cents. Earnings, adjusted for one-time gains and costs, were $2.58 per share.

The results exceeded Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $2.40 per share.

The consumer electronics retailer posted revenue of $13.95 billion in the period, also exceeding Street forecasts. Ten analysts surveyed by Zacks expected $13.66 billion.

Best Buy expects full-year earnings in the range of $6.20 to $6.60 per share, with revenue in the range of $41.4 billion to $42.2 billion.

Best Buy shares have increased 1% since the beginning of the year, while the S&P's 500 index has climbed 23%. The stock has increased 11% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BBY at https://www.zacks.com/ap/BBY