Best Buy Co (NYSE:BBY) reported its Q1 earnings results on Tuesday, May 24, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Best Buy Co missed estimated earnings by 3.68%, reporting an EPS of $1.57 versus an estimate of $1.63.
Revenue was down $990.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0 which was followed by a 3.67% drop in the share price the next day.
Here's a look at Best Buy Co's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 2.73 | 1.91 | 1.85 | 1.37 |
| EPS Actual | 2.73 | 2.08 | 2.98 | 2.23 |
| Revenue Estimate | 16.59B | 11.56B | 11.49B | 10.34B |
| Revenue Actual | 16.36B | 11.91B | 11.85B | 11.64B |
To track all earnings releases for Best Buy Co visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
