Best Buy Reports Better-Than-Expected Third Quarter Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- Wall St set for higher open as investors weigh Mideast negotiations
- Oil falls after US-Iran talks signal easing supply risks
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- China makes small dent in deflation battle as supply-demand imbalance persists
- Sanuwave cuts Q2 2026 revenue guidance amid Ultramist sales pressure
Morgan Stanley Raises Price Target on Best Buy (BBY) Following EPS Beat
November 18, 2016 1:16 PM ESTMorgan Stanley reiterated an Equalweight rating on Best Buy (NYSE: BBY), and raised the price target to $43.00 (from $35.00), following the company's 3Q earnings report. BBY reported a $0.15 beat in non-GAAP EPS compared to the Street's ($0.47) estimate.
Analyst Simeon Gutman commented, "Q3... More
Further Share Gains Drive Best Buy (BBY) Results, PT to $47 - UBS
November 18, 2016 8:05 AM ESTUBS analyst Michael Lasser lifted his price target on Best Buy (NYSE: BBY) to $47.00 (from $38.00) but maintained a Neutral rating following Q3 results which showed further share gains.
Lasser commented, "In the face of a declining category, BBY continues to outperform & take share. Its 3Q domestic SSS... More
BTIG Remains Neutral on Best Buy (BBY) Following Solid Q3 Results, Outlook
November 17, 2016 8:36 AM ESTBTIG is offering preliminary commentary on Best Buy (NYSE: BBY) following Q3 results and strong outlook issued earlier Thursday. The firm has Best Buy with a Neutral rating.
Analyst Alan Rifkin commented, 3Q16: Operating EPS of $0.62 was well above our estimate of $0.47 and... More
Best Buy (BBY) Tops Q3 EPS by 15c; Comps Beat Views; Issues Mixed Q4 Outlook
November 17, 2016 7:01 AM EST(Updated - November 17, 2016 7:02 AM EST)
Best Buy (NYSE: BBY) reported Q3 EPS of $0.62, $0.15 better than the analyst estimate of $0.47. Revenue for the quarter came in at $8.95 billion versus the consensus estimate of $8.85 billion.
Domestic comps rose 1.8 percent, versus a gain of... More
