WASHINGTON (dpa-AFX) - Best Buy Co Inc. (BBY) released earnings for its second quarter that rose compared to the same period last year.
The company said its bottom line climbed to $185 million, or $0.57 per share. This was up from $174 million, or $0.49 per share, in last year's second quarter.
Analysts had expected the company to earn $0.43 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
Revenue held steady at $8.53 billion
Best Buy Co Inc. earnings at a glance:
-Earnings (Q2): $185 Mln. vs. $174 Mln. last year. -Earnings Growth (Y-o-Y): 6.3% -EPS (Q2): $0.57 vs. $0.49 last year. -EPS Growth (Y-o-Y): 16.3% -Analysts Estimate: $0.43 -Revenue (Q2): $8.53 Bln vs. $8.53 Bln last year. -Revenue Change (Y-o-Y): 0%
-Guidance: Next quarter EPS guidance: $0.43 to $0.47 Next quarter revenue guidance: $8.8 Bln to $8.9 Bln
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