Company News: Best Buy (BBY) quarterly results beat analysts’ forecasts

Market news

25 August 2020

Company News: Best Buy (BBY) quarterly results beat analysts’ forecasts

Best Buy (BBY) reported Q2 FY 2020 earnings of $1.71 per share (versus $1.08 per share in Q2 FY 2019), beating analysts’ consensus estimate of $1.09 per share.

The company’s quarterly revenues amounted to $9.910 bln (+3.9% y/y), beating analysts’ consensus estimate of $9.794 bln.

BBY fell to $113.05 (-3.68%) in pre-market trading.

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