This is expected to be November 24, 2020. Shares of Best Buy were up about 3% in the pre-market trading hours. At this time, all participants are in a listen-only mode. Best Buy Co. Inc. An BBY earnings call is a teleconference, or webcast, in which a public company discusses the financial results of a reporting period ("earnings guidance"). A calendar showing all upcoming earnings announcements. Best Buy Co Inc Q1 2020 Earnings Call May 23, 2019, 8:00 a.m. Get this delivered to your inbox, and more info about our products and services. Earnings per share, adjusted: $1.13 vs. $1.03 expected, Revenue: $9.76 billion vs. $9.70 billion expected, Same-store sales growth: 1.7% vs. 1.3% expected. Financial Releases; SEC Filings; Annual Reports; Store Statistics; Quarterly Earnings. Please log in to your account or sign up in order to add this asset to your watchlist. Experts have chosen 7 stocks out of 220 Zacks Rank #1 Strong Buys that have the highest potential to … This is the company’s first quarterly earnings release after Corie Barry took over the role of CEO in June. What do you expect when BBY reports earnings? An image of the sign for Best Buy as photographed on March 16, 2020 in Levittown, New York. View which stocks are hot on social media with MarketBeat's trending stocks report. Analysts had expected the company to earn $0.86 per share on revenue of $9.13 billion. Best Buy reports third-quarter earnings that beat expectations on the top and bottom lines. Earnings per share can be defined as a company's net earnings or losses attributable to common shareholders per diluted share base, which includes all convertible securities and debt, options and warrants. Shares of Best Buy were up 40% this year as of Monday’s closing, bringing its market value to $19.6 billion. Find earnings report and search by company, date and market cap. It is on Tue 24 Nov (22 days ago). Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. In the same quarter last year, Best Buy's earnings per share (EPS) was $0.99. Best Buy annual revenue for 2020 was $43.638B, a 1.77% increase from 2019. View real-time stock prices and stock quotes for a full financial overview. One to keep an eye on is Best Buy Co. (NYSE: BBY). All rights reserved. On May 21, 2020, Best Buy (NYSE: BBY) reported Q1 2020 earnings per share (EPS) of $0.61, up 38.38% year over year. Best Buy Co. Inc. reported better-than-expected earnings for the second quarter of 2020 and raised its guidance for the full fiscal year.However, revenues came shy of forecasts, sending shares falling over 5% in premarket hours on Thursday. The Earnings Whisper number was $1.93 per share. View our full suite of financial calendars and market data tables, all for free. Best Buy cautions that the foregoing list of important factors is not complete, and any forward-looking statements speak only as of the date they are made, and Best Buy assumes no obligation to update any forward-looking statement that it may make. This is despite reporting revenue of … In morning trading, shares were up 8%, after briefly touching $80.54, a high for the past year. Best Buy EPS for the twelve months ending October 31, 2020 was $6.52, a 16.43% increase year-over-year. Shares of Best Buy Co., Inc. BBY increased roughly 5% during after-hours trading session on Jul 21, following an impressive second-quarter-to-date sales performance for fiscal 2021. Fundamental company data provided by Morningstar and Zacks Investment Research. Company Analysis and Financial Data Status. Learn about financial terms, types of investments, trading strategies and more. The consensus earnings estimate was $1.76 per share on revenue of $10.9 billion. Best Buy tops Q1 earnings and revenue estimates; confirms FY20 outlook Best Buy (NYSE: BBY) beats first quarter 2020 earnings and revenue targets. The company raised its forecast for fiscal 2020 adjusted earnings to a range of $5.81 to $5.91 per share from a prior estimate of $5.60 to $5.75 per … The shares have soared 39% year to date, ... With the 39% rally in 2020, Best Buy … Related Topics. The dark blue line represents the company's actual earnings per share. On that day, BBY is projected to report earnings of $1.69 per share, which would represent year-over-year growth of 49.56%. Best Buy (BBY) reported 3rd Quarter October 2020 earnings of $2.06 per share on revenue of $11.9 billion. Please refer to the Stock Price Adjustment Guide for more information on our historical prices. Analysts expected Best Buy earnings of 88 cents a share on sales of $9.14 billion, according to Zacks Investment Research. Best Buy has generated $6.07 earnings per share over the last year and currently has a price-to-earnings ratio of 15.5. Best Buy (BBY) reported 3rd Quarter October 2020 earnings of $2.06 per share on revenue of $11.9 billion. Slowdown in Earnings. The Best Buy earnings report sent BBY stock reeling. Best Buy's global revenue increased over the highlighted period, growing from around 36 billion U.S. dollars in FY 2007 to over 43 billion as of FY 2020. Customers will also be able to pick up products in store within an hour of placing the order. 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Best Buy EPS for the twelve months ending October 31, … NurPhoto | Getty Images Best Buy shares surged more than 4% in premarket trading after reporting earnings and revenue that beat analysts’ expectations while also raising its earnings guidance. Best Buy’s revenues were up 3.5% from $42.2 billion in fiscal 2018 to $43.6 billion in fiscal 2020 (year ended January 2020). A Division of NBCUniversal. The chart below shows up to four years of a company's earnings history. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Best Buy revenue for the twelve months ending January 31, 2020 was $43.638B, a 1.77% increase year-over-year. Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: Operator. Contact IR. Correction: A previous version of this story misstated the fiscal year. Email alerts. Best Buy shares cratered after its earnings report last quarter as investors worried about the impact of the looming Dec. 15 tariffs on Chinese consumer goods. Learn more. Home Research About Contact Search Site Best Buy Co. (NYSE:BBY) earnings release for the 2nd quarter of their 2020 fiscal year. The company operates in two segments, Domestic and International. Annual stock financials by MarketWatch. Best Buy (NYSE: BBY) is scheduled to announce Q3 earnings results on Tuesday, November 26th, before market open. It is on Tue 24 Nov (22 days ago). Check out the Markets Insider earnings calendar. Welcome to Best Buy's First Quarter Fiscal Year 2020 Earnings Call. (Click here for a PDF version. Analysts were expecting a 1.3% gain. Category: Stock Market and Best Buy Date: 8 … Buying Tesla Stock? © American Consumer News, LLC dba MarketBeat® 2010-2020. Best Buy 2020 annual EPS was $5.75, a 10.58% increase from 2019. ... Release Date Release Time Get Email Alerts; BEGI: BlackStar Enterprise Group, Inc. 12/18/2020: Estimated: Undo On. Smart investors are lining-up for the profit-haul of a lifetime as the market digests the discovery of over $1 billion in silver by an under-the-radar exploration firm trading below US$1 per share. Amazon.com last announced its earnings data on November 3rd, 2020. AMERICAN STOCK RESEARCH. The Algorithm predicts "% Predicted Move After Earnings Announcement" (PMAEA) for BBY three weeks prior to earnings date. © 2020 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Investor contact: Mollie O’Brien, 612-291-7735. See who is reporting this week. Internet sales jumped 173.7%. The company also raises its forecast for fiscal 2020 adjusted earnings to a range of $5.81 to $5.91 per share from $5.60 to $5.75 per share. Barry became CEO in April, replacing Hubert Joly, now executive chairman, who had orchestrated a turnaround after years of losing business to online retailer Amazon. Latest earnings report: We take a look at the 2nd quarter earnings release of their 2020 fiscal year of Best Buy, the company largely focused on consumer electronics. X The Richfield, Minn.-based company earned an adjusted $1.08 a share on sales of $9.54 billion in the quarter ended Aug. 3. Best Buy annual revenue for 2020 was $43.638B, a 1.77% increase from 2019. The Earnings Whisper number was $1.93 per share. Annual stock financials by MarketWatch. Best Buy EPS for the quarter ending October 31, 2020 was $1.48 , a 34.55% increase year-over-year. BBY Regular Dividend: BBY began trading ex-dividend on 12/14/20. Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter. Best Buy is one of many retailers impacted by the U.S.-China trade war. 2014 earnings calendar featuring analyst's estimates, economic events, stock splits, and dividends dates - a complete guide to earnings season. Publish date: May 19, 2020 12:00 PM EDT. We want to hear from you. ET. The fourth quarter is crucial for retailers because of the holiday season. The company also raises its forecast for fiscal 2020 adjusted earnings to a range of $5.81 … Best Buy CEO Corie Barry wants to 'double down' on its strategy, despite disruptions such as tariffs, the once-embattled electronics retailing giant. See Best Buy Co., Inc. (BBY) stock analyst estimates, including earnings and revenue, EPS, upgrades and downgrades. "We are delivering on our purpose to enrich lives through technology by providing customers the products and solutions they want and need, combined with fast and convenient fulfillment.". Export data to Excel for your own analysis. The retailer also launched 175 alternate pickup locations in the New York City and Chicago areas where there may not be a convenient store location. Sales at stores open at least 12 months rose 1.7%. Shares of Best Buy were up about 3% in the pre-market trading hours. ... Best Buy had excellent third quarter 2020 sales and earnings. Shares of Best Buy were up 40% this year as of Monday's closing, bringing its market value to $19.6 billion. Best Buy annual and quarterly earnings per share history from 2006 to 2020. Check out the Markets Insider earnings calendar. Get daily stock ideas top-performing Wall Street analysts. ET. Best Buy EPS for the quarter ending October 31, 2020 was $1.48, a 34.55% increase year-over-year. Revenue grew 21.4% on a year-over-year basis. Media contacts: Find … Get the most up-to-date stock earnings and estimate revisions from Zacks Investment Research. Sec Filings and insider transactions for your stocks $ 5.2, a 6.97 % increase from 2018 splits! 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