While the top- and bottom-line numbers for Best Buy (BBY) give a sense of how the business performed in the quarter ended July 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Best Buy (BBY) came out with quarterly earnings of $1.47 per share, beating the Zacks Consensus Estimate of $1.37 per share. This compares to earnings of $1.28 per share a year ago.
The company now forecasts full-year adjusted earnings per share of $6.70 to $6.90, up from its prior guidance of $6.30 to $6.60.
Best Buy raised its full fiscal year outlook on Thursday after reporting a stronger-than-expected first half performance. The earnings come as the retailer is turning around its business and preparing to operate under incoming CEO Jason Bonfig.
Looking beyond Wall Street's top-and-bottom-line estimate forecasts for Best Buy (BBY), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended July 2026.
Best Buy (BBY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
Best Buy Co Inc (NYSE:BBY)'s leadership reshuffle expanded with the unexpected departure of Chief Marketing Officer Jennie Weber, Jefferies analysts have highlighted while reiterating their ‘Hold' rating on the retailer. Jefferies maintained its $85 price target on Best Buy, which is currently trading at about $82.
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Best Buy (BBY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
As incoming CEO Jason Bonfig prepares to take the reins at Best Buy, he spoke with CNBC exclusively about how he's focused on expanding the company's reach and enhancing the customer experience. Part of that strategy includes investing in small-format stores, which open the company up to areas that can't support full stores but could still benefit from Best Buy's presence.