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Best Buy Co Inc. Q4 Profit Climbs

Best Buy Co Inc. (BBY) released earnings for its fourth quarter that gained ground compared to the same period last year.

The company said its bottom line advanced to $718 million, or $2.42 per share. This was higher than $615 million, or $1.93 per share, in last year's fourth quarter.

Analysts had expected the company to earn $2.04 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 13.9% to $15.36 billion. This was up from $13.48 billion last year.

Best Buy Co Inc. earnings at a glance:

-Earnings (Q4): $718 Mln. vs. $615 Mln. last year.
-Earnings Growth (Y-o-Y): 16.7%
-EPS (Q4): $2.42 vs. $1.93 last year.
-EPS Growth (Y-o-Y): 25.4%
-Analysts Estimate: $2.04
-Revenue (Q4): $15.36 Bln vs. $13.48 Bln last year.
-Revenue Change (Y-o-Y): 13.9%

-Guidance:
Next quarter EPS guidance: $0.68 to $0.73
Next quarter revenue guidance: 8.65 - $8.75 Bln
Full year EPS guidance: $4.80 to $5.00
Full year revenue guidance: $41.0 - $42.0 Bln

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