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Best Buy Co Inc. Q4 adjusted earnings Beat Estimates

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

The company's earnings came in at $816 million, or $3.10 per share. This compares with $745 million, or $2.84 per share, in last year's fourth quarter.

Analysts had expected the company to earn $3.45 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 11.4% to $16.94 billion from $15.20 billion last year.

Best Buy Co Inc. earnings at a glance:

-EPS (Q4): $3.48 vs. $2.90 last year.
-Analysts Estimate: $3.45
-Revenue (Q4): $16.94 Bln vs. $15.20 Bln last year.

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