Best Buy Co's (NYSE: BBY) second quarter financial results release is scheduled for Thursday 29th August 2024, before the market opens. Investors and analysts will be able to assess the company's performance during the quarter.
Financial analysts on Wall Street are predicting that the enterprise is about to reveal an estimated $1.16 profit per share for the quarter. Additionally, the company is projected to announce a total revenue of $9.24 billion for this period.
In the same quarter of the previous year, the company's financial statement revealed a per-share income of $1.22. Additionally, the company's overall revenue for that particular period was an impressive $9.58 billion.
Analysts have provided their projections for the company's full-year performance, revealing that they expect the company to generate a total revenue of $41.81 billion. At the same time, the earnings per share for the company are also anticipated to reach profit of $6.08 during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q1 2025 | $1.20 | +4.3% | 8.85 B | -6.5% |
| Q4 2024 | $2.72 | +4.2% | 14.65 B | -0.6% |
| Q3 2024 | $1.29 | -6.5% | 9.76 B | -7.8% |
| Q2 2024 | $1.22 | -20.8% | 9.58 B | -7.2% |
*Growth on year-over-year basis
BBY will host a conference call with investment community on 29th August 2024 at 08:00 AM eastern time to discuss the financial results.
During Tuesday's trading, Best Buy Co (BBY) shares reached a low of $87.72 and a high of $89.47, along with a total volume of 2.84 million shares. The stock ended the regular trading session at $88.88, demonstrating fall of 0.01 percent.
