Tuesday, May 24, 2016

Best Buy Q1 Profit Rises; Projects Q2 EPS Below Estimates; Announces CFO Change

Best Buy Co., Inc. (BBY) reported first-quarter non-GAAP earnings per share from continuing operations of $0.44, an increase of 19% from $0.37, a year ago. On average, 21 analysts polled by Thomson Reuters expected the company to report profit per share of $0.35 for the quarter. Analysts' estimates typically exclude special items.

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