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Best Buy (BBY) Earnings Date, Estimates & Call Transcripts

$87.05
+2.31 (+2.73%)
(As of 08/21/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Aug. 29
Before Market Opens
Confirmed
Actual EPS
(May. 30)
$1.20 Beat By $0.12
Consensus EPS
(May. 30)
$1.08
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BBY Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

BBY Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Best Buy Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20246$0.94$1.94$1.36 
Q2 20247$1.02$2.37$1.44 
Q3 20247$1.13$2.46$1.38 
Q4 20247$2.26$3.73$2.69 
FY 202427$5.35$10.50$6.87 
Q1 20254$1.07$1.11$1.09 
Q2 20254$1.06$1.17$1.13 
Q3 20254$1.11$1.63$1.34 
Q4 20254$2.41$2.94$2.57 
FY 202516$5.65$6.85$6.13 
Q1 20263$1.28$1.39$1.32 
Q2 20263$1.30$1.36$1.32 
Q3 20263$1.40$1.47$1.44 
Q4 20263$2.68$2.73$2.71 
FY 202612$6.66$6.95$6.79 
Q1 20271$1.42$1.42$1.42 

BBY Earnings Date and Information

Best Buy last announced its quarterly earnings results on May 30th, 2024. The technology retailer reported $1.20 EPS for the quarter, beating the consensus estimate of $1.08 by $0.12. The firm earned $8.85 billion during the quarter, compared to the consensus estimate of $8.96 billion. Its revenue for the quarter was down 6.5% on a year-over-year basis. Best Buy has generated $5.71 earnings per share over the last year ($5.71 diluted earnings per share) and currently has a price-to-earnings ratio of 15.2. Earnings for Best Buy are expected to grow by 11.13% in the coming year, from $6.11 to $6.79 per share. Best Buy has confirmed that its next quarterly earnings report will be published on Thursday, August 29th, 2024. Best Buy will be holding an earnings conference call on Thursday, August 29th at 8:00 AM Eastern. Interested parties can register for or listen to the call..

Best Buy Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
8/29/2024
(Confirmed)
-------  
5/30/2024Q1 2025$1.08$1.20+$0.12$1.27$8.96 billion$8.85 billion      
2/29/2024Q4 2024$2.51$2.72+$0.21$3.32$14.58 billion$14.65 billion      
11/21/2023Q4 2023$1.19$1.29+$0.10$1.37$9.90 billion$9.76 billion      
8/29/2023Q3 2023$1.06$1.22+$0.16$1.19$9.52 billion$9.58 billion      
5/25/2023Q1 2024$1.12$1.15+$0.03$1.19$9.53 billion$9.47 billion      
3/2/2023Q4 2023$2.09$2.61+$0.52$2.99$14.80 billion$14.74 billion        
11/22/2022Q3 2023$1.03$1.38+$0.35$1.54$10.30 billion$10.59 billion      
8/30/2022Q2 2023$1.26$1.54+$0.28$1.73$10.25 billion$10.33 billion      
5/24/2022Q1 2023$1.59$1.57($0.02)$1.65$10.43 billion$10.65 billion      
3/3/2022Q4 2022$2.73$2.73-$2.84$16.54 billion$16.37 billion        
11/23/2021Q4 2021$1.95$2.08+$0.13$2.16$11.62 billion$11.91 billion      
8/23/2021Q3 2021$1.89$2.98+$1.09$3.06$11.54 billion$11.85 billion      
5/26/2021Q2 2021$1.39$2.23+$0.84$2.14$10.43 billion$11.64 billion    
2/24/2021Q1 2021$3.46$3.48+$0.02$3.86$17.19 billion$16.94 billion    
11/23/2020Q4 2020$1.70$2.06+$0.36$2.64$11.02 billion$11.85 billion    
8/25/2020Q3 2020$1.09$1.71+$0.62$1.77$9.79 billion$9.91 billion      
5/21/2020Q2 2020$0.41$0.67+$0.26$0.73$8.26 billion$8.56 billion      
2/27/2020Q4 2020$2.75$2.90+$0.15$2.96$15.05 billion$15.20 billion    
11/26/2019Q4 2019$1.03$1.13+$0.10$1.16$9.71 billion$9.76 billion    
8/29/2019Q3 2019$0.99$1.08+$0.09$1.27$9.55 billion$9.54 billion    

Best Buy Earnings - Frequently Asked Questions

When is Best Buy's earnings date?

Best Buy has confirmed that its next quarterly earnings data will be published on Thursday, August 29th, 2024. Learn more on BBY's earnings history.

What guidance has Best Buy issued on next quarter's earnings?

Best Buy issued an update on its FY25 earnings guidance on Thursday, May, 30th. The company provided EPS guidance of $5.75-$6.20 for the period, compared to the consensus EPS estimate of $6.04. The company issued revenue guidance of $41.3-$42.6 billion, compared to the consensus revenue estimate of $41.94 billion.

Did Best Buy beat their earnings estimates last quarter?

In the previous quarter, Best Buy (NYSE:BBY) reported $1.20 earnings per share (EPS) to beat the analysts' consensus estimate of $1.08 by $0.12. Learn more on analysts' earnings estimate vs. BBY's actual earnings.

How can I listen to Best Buy's earnings conference call?

The conference call for Best Buy's latest earnings report can be listened to online. Listen to Conference Call

How can I read Best Buy's conference call transcript?

The conference call transcript for Best Buy's latest earnings report can be read online. Read Transcript

How much revenue does Best Buy generate each year?

Best Buy (NYSE:BBY) has a recorded annual revenue of $42.83 billion.

How much profit does Best Buy generate each year?

Best Buy (NYSE:BBY) has a recorded net income of $1.24 billion. BBY has generated $5.71 earnings per share over the last four quarters.

What is Best Buy's price-to-earnings ratio?

Best Buy (NYSE:BBY) has a trailing price-to-earnings ratio of 15.25 and a forward price-to-earnings ratio of 14.25. The price/earnings-to-growth ratio is 2.76.

What is Best Buy's EPS forecast for next year?

Best Buy's earnings are expected to grow from $6.11 per share to $6.79 per share in the next year, which is a 11.13% increase.


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This page (NYSE:BBY) was last updated on 8/22/2024 by MarketBeat.com Staff

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