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. Stock
€89.69
0.930%
Our community is currently high on Best Buy Co. with 19 Buy predictions and 3 Sell predictions.
As a result the target price of 92 € shows a slightly positive potential of 2.58% compared to the current price of 89.69 € for Best Buy Co..
