On Thursday, May 25th, Best Buy (BBY) will release its first quarter earnings results before the bell. The company is a Zacks Rank 2 (Buy), and have a Value, Growth, and Momentum score of A.
In our video David will take a look at the current state of Best Buy, their past earnings announcements, and he’ll give us his thoughts on their upcoming earnings call. Furthermore, David will also give us insight on how to play the options market.
Best Buy in Focus
Best Buy operates in a single business segment, selling personal computers and other home office products, consumer electronics, entertainment software, major appliances and related accessories principally through its retail stores. They operate retail stores and commercial Websites under the brand names Best Buy, Media Play, On Cue, Sam Goody, Suncoast, Magnolia Hi-Fi and Future Shop. They also operate in three segments: Best Buy, Musicland and International.
Best Buy is expected to report earnings at $0.40 per share according to the Zacks Consensus Estimate. Last quarter they reported earnings at $1.95, beating expectations by $0.29. Their average EPS surprise is 27.70%.
Best Buy Co., Inc. (BBY): Free Stock Analysis Report
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