Best Buy Co. (BBY) reported fourth quarter adjusted earnings from continuing operations of $2.47 per share Thursday morning, compared to $1.98 per share in the prior year. The consensus estimate was for EPS of $2.16. Full year 2013 adjusted EPS is expected to be between $3.50 and $3.80, compared to the consensus estimate of $3.70.
Best Buy gapped open lower Thursday and fell in early trade, before settling into a range. The stock closed down by 1.85 at $24.77 on the highest volume in over 3 months. Best Buy fell to a 2-week low and dropped below both its 50 and 200-day moving averages.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.