Best Buy Likely To Report Lower Q4 Earnings; Here Are The Recent Forecast Changes From Wall Street’s Most Accurate Analysts

Best Buy Co., Inc. (NYSE: BBY) is expected to release earnings results for its fourth quarter, before the opening bell on Feb. 29, 2024.

Analysts expect the Richfield, Minnesota-based company to report quarterly earnings at $2.51 per share, down from year-ago earnings of $2.61 per share. Best Buy is projected to report quarterly revenue of $14.53 billion, compared to $14.73 billion in the year-earlier quarter, according to data from Benzinga Pro.

Last month, Best Buy Canada and Bell Canada entered into a strategic partnership to operate 165 consumer electronics retail stores in Canada.

Best Buy shares gained 0.8% to close at $79.68 on Wednesday.

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