Wednesday, May 25, 2016

Best Buy (BBY) Pulled Back On Weak Q2 Forecast & CFO Departure

Best Buy (BBY) reported first quarter non-GAAP earnings per share from continuing operations of $0.44 Tuesday morning, compared to $0.37 last year. Analysts expected EPS of $0.35. Second quarter non-GAAP EPS is expected to be between $0.38 and $0.42. The consensus estimate is for EPS of $0.50.

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