Best Buy Reports Second Quarter Results
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Best Buy (BBY) PT Raised to $75 at Jefferies
August 31, 2022 8:40 AM EDTJefferies analyst Jonathan Matuszewski raised the price target on Best Buy (NYSE: BBY) to $75.00 (from $71.00) while maintaining a Hold rating following earnings.
The analyst commented, "With 2Q results & 2H guidance pre-announced in July, commentary on the US consumer & CE category is our focal point today.... More
Best Buy (BBY) Tops Q2 EPS by 25c
August 30, 2022 7:00 AM EDTBest Buy (NYSE: BBY) reported Q2 EPS of $1.54, $0.25 better than the analyst estimate of $1.29. Revenue for the quarter came in at $10.33 billion versus the consensus estimate of $10.29 billion.
FY23 Financial Guidance
Matt Bilunas, Best Buy CFO, said, Our current FY23... More

