Company News: Best Buy (BBY) quarterly earnings beat analysts’ expectations

Market news

27 February 2020

Company News: Best Buy (BBY) quarterly earnings beat analysts’ expectations

Best Buy (BBY) reported Q4 FY 2019 earnings of $2.90 per share (versus $2.72 per share in Q4 FY 2018), beating analysts' consensus estimate of $2.67 per share.

The company's quarterly revenues amounted to $15.196 bln (+2.7% y/y), roughly in line with analysts' consensus estimate of $15.053 bln.

BBY fell to $81.60 (-0.71%) in pre-market trading.

Germany's government considering possible stimulus programme to combat by coronavirus epidemic - Handelsblatt reports

European session review: GBP depreciates amid reduced expectations of bigger fiscal stimulus from UK's new chancellor

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.