Best Buy Co Inc BBY.N, BBY is expected to show a fall in quarterly revenue when it reports results on March 4 for the period ending January 31 2025
The Richfield Minnesota-based company is expected to report a 6.4% decrease in revenue to $13.702 billion from $14.65 billion a year ago, according to the mean estimate from 20 analysts, based on LSEG data.
LSEG's mean analyst estimate for Best Buy Co Inc is for earnings of $2.40 per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 10 "strong buy" or "buy," 18 "hold" and 1 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Best Buy Co Inc is $100.00, above its last closing price of $88.62.
The company's guidance on November 26 2024 for the period ended January 31 was for Earnings before Interest and Taxes between USD768.81 million and USD770.28 million.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Oct. 31 2024 | 1.30 | 1.29 | 1.26 | Missed | -2.7 |
Jul. 31 2024 | 1.16 | 1.16 | 1.34 | Beat | 15.8 |
Apr. 30 2024 | 1.08 | 1.08 | 1.20 | Beat | 11.5 |
Jan. 31 2024 | 2.54 | 2.52 | 2.72 | Beat | 7.9 |
Oct. 31 2023 | 1.19 | 1.18 | 1.29 | Beat | 8.9 |
Jul. 31 2023 | 1.05 | 1.06 | 1.22 | Beat | 14.7 |
Apr. 30 2023 | 1.08 | 1.11 | 1.15 | Beat | 3.5 |
Jan. 31 2023 | 2.12 | 2.11 | 2.61 | Beat | 24 |
This summary was machine generated February 28 at 14:11 GMT. 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)
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