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Best Buy Co Inc. Q2 adjusted earnings Beat Estimates


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(RTTNews.com) - Best Buy Co Inc. ( BBY ) reported a profit for its second quarter that rose from last year.

The company's earnings came in at $244 million, or $0.86 per share. This compares with $209 million, or $0.67 per share, in last year's second quarter.


Analysts had expected the company to earn $0.83	 per share, according to 

figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.9% to $9.38 billion from $8.94 billion last year.

Best Buy Co Inc. earnings at a glance:


-EPS (Q2): $0.91 vs. $0.69 last year.
-Analysts Estimate: $0.83

-Revenue (Q2): $9.38 Bln vs. $8.94 Bln last year.

<b>-Guidance</b>:

Next quarter EPS guidance: $0.79 - $0.84
Next quarter revenue guidance: $9.4 - $9.5 Bln
Full year EPS guidance: $4.95 to $5.10
Full year revenue guidance: $42.3 - $42.7 Bln

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This article appears in: Fundamental Analysis , World Markets , Stocks , Earnings
Referenced Symbols: BBY ,



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