Best Purchase (BBY) got here out with quarterly earnings of $1.13 per share, beating the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $0.93 per share a 12 months in the past. These figures are adjusted for non-recurring objects.
This quarterly report represents an earnings shock of 8.65%. 1 / 4 in the past, it was anticipated that this shopper electronics retailer would publish earnings of $0.99 per share when it really produced earnings of $1.08, delivering a shock of 9.09%.
During the last 4 quarters, the corporate has surpassed consensus EPS estimates 4 occasions.
Finest Purchase, which belongs to the Zacks Retail – Shopper Electronics trade, posted revenues of $9.76 billion for the quarter ended October 2019, surpassing the Zacks Consensus Estimate by 0.33%. This compares to year-ago revenues of $9.59 billion. The corporate has topped consensus income estimates two occasions during the last 4 quarters.
The sustainability of the inventory’s quick worth motion based mostly on the…