Analysts Estimate Best Buy (BBY) to Report a Decline in Earnings: What to Look Out for
Best Buy(BBY) ZACKS·2024-08-22 23:06
Wall Street expects a year-over-year decline in earnings on lower revenues when Best Buy (BBY) reports results for the quarter ended July 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 29. On the ot ...