Best Buy Stock Soars as Earnings Crush Estimates
Best Buy (NYSE: BBY) shareholders are set to enjoy a happy holiday period.
Shares of the electronics retailer surged to new highs on Tuesday following a strong third-quarter earnings report that saw same-store sales, revenue, and earnings per share all come in higher than Wall Street had expected.
Best Buy also lifted its full-year earnings forecast, suggesting that more good times are ahead for investors.
Source Fool.com