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Best Buy Co Inc. Q2 adjusted earnings Beat Estimates

Best Buy Co Inc. (BBY) announced earnings for its second quarter that advanced from the same period last year.

The company's bottom line came in at $432 million, or $1.65 per share. This compares with $238 million, or $0.89 per share, in last year's second quarter.

Analysts had expected the company to earn $1.08 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.9% to $9.91 billion from $9.54 billion last year.

Best Buy Co Inc. earnings at a glance:

-EPS (Q2): $1.71 vs. $1.08 last year.
-Analysts Estimate: $1.08
-Revenue (Q2): $9.91 Bln vs. $9.54 Bln last year.

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