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Barchart
Barchart
Neha Panjwani

What to Expect From Best Buy's Q3 2024 Earnings Report

Best Buy BBY

Best Buy Co., Inc. (BBY), headquartered in Richfield, Minnesota, retails consumer electronics, home office products, entertainment software, appliances, and related services through its retail stores, as well as its website. Valued at $19.7 billion by market cap, the company also retails pre-recorded home entertainment products through retail stores. The retail giant is expected to announce its fiscal third-quarter earnings for 2024 on Tuesday, Nov. 19.

Ahead of the event, analysts expect BBY to report a profit of $1.30 per share on a diluted basis, up marginally from $1.29 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports. 

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