Best Buy (BBY) Q3 Earnings and Revenues Lag Estimates

Best Buy (BBY) came out with quarterly earnings of $1.26 per share, missing the Zacks Consensus Estimate of$ 1.30 per share. This compares to earnings of $1.29 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.08%. A quarter ago, it was expected that this consumer electronics retailer would post earnings of$ 1.15 per share when it actually produced earnings of $1.34, delivering a surprise of 16.52%.Over the last four quarters ...