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Benzinga
172 days

Best Buy Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. BBY will report Q4 financial results on March 4, 2025. 2. Analysts expect Q4 earnings of $2.41 per share, down from $2.72. 3. Projected revenue is $13.7 billion, lower than $14.65 billion last year. 4. BBY shares dropped 2% to $88.62 after recent earnings report. 5. Analysts have mixed opinions on BBY, with varying price target adjustments.

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FAQ

Why Bearish?

The forecast earnings decline and reduced revenue expectations indicate potential weakness. Historical instances, such as the Q3 report reflecting underperformance, suggest investors may lack confidence.

How important is it?

The article details expected financial performance that directly impacts investor sentiment and share price. Upcoming earnings announcements typically trigger significant market reactions.

Why Short Term?

Upcoming earnings results are approaching quickly, meaning immediate reactions are likely. Historical patterns show that earnings hits often cause short-term price declines in retail stocks.

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