60.82 -1.38 (-2.22%)
Pre-Market: 8:28AM EST
|Bid||60.80 x 1000|
|Ask||61.00 x 900|
|Day's Range||62.18 - 67.29|
|52 Week Range||55.82 - 84.37|
|Beta (3Y Monthly)||1.04|
|PE Ratio (TTM)||17.29|
|Earnings Date||Nov 20, 2018|
|Forward Dividend & Yield||1.80 (2.71%)|
|1y Target Est||78.22|
There are some tempting tech deals on Black Friday that you should avoid.
Are there cracks in the consumer. Carter Worth, Cornerstone Macro, looks at red flags for retail. With CNBC's Melissa Lee and the Fast Money traders, Pete Najarian, Tim Seymour, Dan Nathan and Guy Adami.
Historical data shows that the S&P 500's consumer discretionary sector has posted strong gains over the Thanksgiving trading week.
A parade of U.S. retail chains on Tuesday reported rising sales in the latest quarter, another sign of healthy consumer spending heading into the critical holiday shopping season. The company reported a 5.1% increase in comparable sales in the third quarter from the same period a year earlier, which includes a 49% increase in digital sales. gave an upbeat sales outlook for the holiday quarter but Target shares, which had rallied for most of the year, tumbled 9% in premarket trading.
Best Buy Co. (BBY) on Tuesday reported fiscal third-quarter profit of $277 million. The Richfield, Minnesota-based company said it had net income of 99 cents per share. Earnings, adjusted for one-time ...
Best Buy Co Inc raised its full-year earnings forecast on Tuesday after it sold more mobile phones, home theater systems and gaming consoles in the third quarter, helping it top Wall Street sales estimates. ...
Best Buy Co. Inc. reported third-quarter net income of $277 million, or 99 cents per share, up from $239 million, or 78 cents per share, the prior year. Adjusted EPS was 93 cents. Revenue was $9.59 billion, up from $9.32 billion last year. The FactSet consensus was for 85 cents per share on revenue of $9.57 billion. Same-store sales were up 4.3%, ahead of the FactSet outlook for 3.5% growth. For the fourth quarter, Best Buy now sees revenue of $14.4 billion to $14.8 billion, adjusted EPS of $2.48 to $2.58 and enterprise, domestic and international same-store sales growth of flat to 3%. FactSet is guiding for revenue of $14.67 billion, EPS of $2.58, and same-store sales of 1.7%. Best Buy shares slipped 0.3% in Tuesday premarket trading, and have tumbled 9.2% for the year to date. The S&P 500 index is up 0.6% for the period.
Best Buy Co Inc sold more mobile phones, home theater systems and gaming consoles in the third quarter, helping the biggest U.S. consumer electronics retailer top Wall Street estimates for same-store sales. ...
Best Buy (NYSE:BBY) is struggling at the moment. Most of the pressure has come of late: Best Buy stock has dropped about 24% from August highs. Best Buy has essentially no peers left in electronics retailing.
Best Buy on Tuesday lifted its full-year outlook and posted upbeat quarterly results boosted by a “favourable environment” and as the electronics retailer’s efforts to offer free in-home consultations and connected services resonated with consumers. The Minnesota-based company reported a 4.3 per cent rise in comparable sales, topping analyst estimates for a 3.5 per cent rise, according to a survey of analysts by Refinitiv.
The last major consumer electronics superstore left standing reports quarterly results on Tuesday morning. The real dagger could be its guidance for the holiday-containing fourth quarter.
Medtronic (MDT) gains traction from the U.S. launch of its Guardian Connect product. This enables the company to further capture a considerable share in the $1-billion standalone CGM market.
Best Buy (BBY) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Consumer durables retailer Best Buy Co., Inc. ( BBY) reports earnings before the opening bell on Tuesday, Nov. 20, with the stock under a "death cross" that just formed on its daily chart a week ago. The weekly chart provides an additional warning, having become negative at the end of the week of Oct. 5. The stock closed Friday, Nov. 16, at $66.43, down 3% year to date and in bear market territory at 21.3% below its all-time intraday high of $84.37 set on Aug. 22.
Investing.com - Rhetoric rather than economics could be the main driver of sentiment in the week ahead, as investors watch further developments in the ongoing trade dispute between the United States and China.
Best Buy (BBY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Best Buy (BBY) is slated to announce its results for the third quarter of fiscal 20191 on November 20. The stock was down 1.0% as of November 15 on a year-to-date basis, and it has declined 17% since the second-quarter results in August. Best Buy beat analysts’ expectations for the fiscal second quarter, but the stock declined as the company issued lower-than-expected earnings guidance for the third quarter. In the second quarter, Best Buy’s adjusted EPS grew 31.9% to $0.91 and exceeded analysts’ expectation of $0.83.
It was Wilbur Ross’s word (still planning tariff hike on Chinese imports in January) versus reported comments from USTR’s Lighthizer (next tranche of levies already on hold) that ultimately made every trader’s head spin when the denial from Lighthizer’s office hit the tape.