• Best Buy Co Inc BBY.N reported quarterly adjusted earnings of $2.58​​ per share for the quarter ended January 31, lower than the same quarter last year, when the company reported EPS of $2.72. The mean expectation of twenty three analysts for the quarter was for earnings of $2.40 per share. Wall Street expected results to range from $2.31 to $2.52 per share.

• Revenue fell 4.8% to $13.95 billion from a year ago; analysts expected $13.70 billion.

• Best Buy Co Inc's reported EPS for the quarter was 54 cents​.

• Best Buy Co Inc shares had risen by 1.1% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.1% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• 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 average consensus recommendation for the computer & electronics retailers peer group is also "hold"

Wall Street's median 12-month price target for Best Buy Co Inc is $100.00

This summary was machine generated from LSEG data March 4 at 03:57 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)