Is Best Buy Stock a Buy After Earnings?
Best Buy (NYSE: BBY) released its third-quarter earnings results and fourth-quarter outlook on Thursday, and investors weren't thrilled with what they saw. Earnings per share (EPS) surged 30% year over year, to $0.78, at the consumer-electronics giant, just meeting the average analyst estimate.
However, the company's Q4 earnings per share (EPS) guidance range of $1.89-$1.99 fell short of the $2.03 that analysts were expecting. As a result, Best Buy stock fell more than 7% in morning trading before recovering somewhat as the day progressed.
Source: Fool.com
Best Buy Co. Aktie
75,47 €
-4,96 %
Einige positive Einschätzungen für Best Buy Co. mit mehr Buy- als Sell-Einschätzungen.
Das Community-Kursziel von 81 € für Best Buy Co. deutet auf ein leicht positives Wachstumspotenzial gegenüber 75.47 € hin.
