Best Buy (BBY) Q1 Earnings and Revenues Surpass Estimates

Best Buy (BBY) came out with quarterly earnings of $1.15 per share, beating the Zacks Consensus Estimate of$ 1.09 per share. This compares to earnings of $1.20 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.50%. A quarter ago, it was expected that this consumer electronics retailer would post earnings of$ 2.40 per share when it actually produced earnings of $2.58, delivering a surprise of 7.50%.Over the last four quarters, ...