News Formal

Best Buy raises full-year profit guidance after earnings and revenue beat

  • 📰 CNBC
  • ⏱ Reading Time:
  • 14 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 40%
  • Publisher: 72%

Apple Inc News

Microsoft Corp,Best Buy Co Inc,Dividends

Best Buy now expects to see full-year adjusted earnings per share in the range of $6.10 to $6.35, up from a prior range of $5.75 to $6.20.

Best Buy raised its fiscal-year profit guidance Thursday after exceeding earnings and revenue expectations for the most recent quarter.

The retailer now expects to see full-year adjusted earnings per share in the range of $6.10 to $6.35, up from a prior range of $5.75 to $6.20. The company, however, lowered the top end of its guidance ranges for both full-year revenue and comparable sales.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Breaking down Citi's trades; Short oil, buy dollar vs. euro, buy US stocksBreaking down Citi's trades; Short oil, buy dollar vs. euro, buy US stocks
Source: Investingcom - 🏆 450. / 53 Read more »