Best Buy (NYSE:BBY) is due to report earnings before the opening bell on December 13, 2011. Below you can see the results of BBY over the last few earnings periods.
BBY trades an average of 5.9 million shares per day.
- 52 Week High: $42.57
- 52 Week Low: $21.79
- Book Value: $16.65
- Float Short: 11.86%
Analysts are expecting an improvement of $0.03 in earnings per share compared to last quarter's results of $0.47. A beat of $0.50 per share will top the estimated per share earnings. Analyst estimates range between $0.47 and $0.54 per share.
Investors have been rewarded with an increase of year-over-year revenue. Revenue reported was $50.27 billion for 2011 vs. $49.69 billion for 2010. The bottom line has falling earnings year-over-year of $1.28 billion for 2011 vs. $1.32 billion for 2010.The company's earnings before interest and taxes are falling with an EBIT year-over-year of $2.11 billion for 2011 vs. $2.24 billion for 2010.
Here is a look at the fiscal year revenue.
Gross reported revenue compared to the mean estimate (rounded).
|Fiscal Quarter Ending Month-Year||Revenue Estimates||Actual||$ Difference||Difference %|
|Aug-11||$ 11.47 B||$ 11.35 B||$ -126.00 M||-1.1%|
|May-11||$ 10.71 B||$ 10.94 B||$ 228.20 M||2.13%|
|Feb-11||$ 16.31 B||$ 16.26 B||$ -53.20 M||-0.33%|
|Nov-10||$ 12.46 B||$ 11.89 B||$ -569.90 M||-4.57%|
|Aug-10||$ 11.54 B||$ 11.34 B||$ -203.00 M||-1.76%|
M = millions, B = billions
Differences are rounded. (Some one-time items are often excluded in reported EPS.)
Reported earnings per share compared to the mean estimate. Differences are rounded.
The total short interest number of shares for BBY.
The number of days to cover short interest based on average daily trading volume for BBY.
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I use a proprietary blend of technical analysis, financial crowd behavior and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online and Yahoo Finance for most of my data. I use the "confirmed" symbols from earnings.com that I believe to be of the most interest.