Why Best Buy Shares Are Trading Higher Today
Best Buy Co Inc (NYSE: BBY) is trading higher Tuesday after the company announced better-than-expected second-quarter financial results and issued guidance above estimates.
Best Buy: Q2 Earnings Insights
Shares of Best Buy Co (NYSE:BBY) moved higher by 0.6% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share rose 74.27% year over year to $2.98, which beat the estimate of $1.85.
Best Buy Co Q2 Adj. EPS $2.98 Beats $1.85 Estimate, Sales $11.85B Beat $11.49B Estimate
Best Buy Co (NYSE:BBY) reported quarterly earnings of $2.98 per share which beat the analyst consensus estimate of $1.85 by 61.08 percent. This is a 74.27 percent increase over earnings of $1.71 per share from the same
5 Stocks To Watch For August 24, 2021
Some of the stocks that may grab investor focus today are:
Wall Street expects Best Buy Co Inc (NYSE: BBY) to report quarterly earnings at $1.85 per share on revenue of $11.49 billion before the opening bell. Best Buy shares rose 0.4% to $112.60 in after-hours trading.
Earnings Scheduled For August 24, 2021
Companies Reporting Before The Bell
• 36KR Holdings (NASDAQ:KRKR) is likely to report earnings for its second quarter.
Benzinga Pro’s Top 5 Stocks To Watch For Friday, Aug. 20, 2021: MUDS, BBIG, JD, BBY, GOVX
Today's 5 Stock Ideas:
Mudrick Capital Acquisition Corp II (MUDS) - A report from sports reporter Darren Rovell on Thursday suggested Major League Baseball and the MLB's Players
