Best Buy Co Inc. (BBY) revealed earnings for third quarter that Decreased from the same period last year but beat the Street estimates.
The company's earnings came in at $140 million, or $0.66 per share. This compares with $273 million, or $1.26 per share, last year.
Excluding items, Best Buy Co Inc. reported adjusted earnings of $1.40 per share for the period.
Analysts on average had expected the company to earn $1.31 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 2.4% to $9.672 billion from $9.445 billion last year.
Best Buy Co Inc. earnings at a glance (GAAP) :
-Earnings: $140 Mln. vs. $273 Mln. last year.-EPS: $0.66 vs. $1.26 last year.-Revenue: $9.672 Bln vs. $9.445 Bln last year.
-Guidance:Full year EPS guidance: $6.25 - $6.35Full year revenue guidance: $41.65 B- $41.95 B
For comments and feedback contact: editorial@rttnews.com
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.