Wednesday, November 19, 2014

What to Expect When Best Buy (BBY) Reports Third-Quarter Earnings

NEW YORK (TheStreet) -- Shares of Best Buy Co. are up 0.72% to $35.15, ahead of 2015 third quarter earnings before market open tomorrow. Here's what analysts are expecting from the multinational technology retailer. Analysts expect revenue of $9.11 billion and earnings of 25 cents per share. For the same period a year ago, the company reported revenue of $9.36 billion and earnings of 18 cents a share. In the previous quarter, Best Buy posted earnings per share of 44 cents, above estimates of 31 cents. Its previous quarter revenue was $8.9 billion, compared to $9.3 billion for the same period a year earlier. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. BBY data by YCharts STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.


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