Best Buy (BBY) Expected to Beat Earnings Estimates: Should You Buy?
BBYBest Buy(BBY) Zacks Investment Research·2024-02-23 00:05

The market expects Best Buy (BBY) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended January 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence 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 ...