stocksbrew
Next report
Nov 24
Tuesday, in 12 days · before the market opens
EPS expected
$1.48
quarter ending Oct 31, 2026
Last result
$1.28Beat
vs $1.22 expected on May 28
Stock move on it
+15.80%
one session
Price
$103.41
−1.66% today · $16.4B cap

Past and upcoming reports

2
Nov 24, 2026$1.48not yet
May 28, 2026$1.22Beat$1.28+15.80%

Pre-earnings read

No pre-earnings read for this report

None for this company right now.

After the report

May 28, 2026 report

Best Buy beats Q1 EPS estimates by 4.3%, shares rise 1.9%

Best Buy reported Q1 EPS of $1.28 versus $1.23 estimated, beating expectations by 4.3%. The stock gained 1.9% post-earnings. Guidance tone is neutral with no new updates. Investors should watch for FY 2027 guidance and marketplace GMV execution as key growth triggers.

Reported against expected

Beat
Reported EPS of $1.28 beat consensus estimate of $1.23 by 4.3%.

Guidance

Raised
No updated guidance provided. management emphasized steady execution without raising outlook.

How the stock reacted

Shares rose 1.9% to $77.10 on earnings day, reflecting positive market reception to the EPS beat.

What changed

Q1 EPS beat estimates by 4.3%, shares rose 1.9% post-earnings.

What the price now assumes

Market prices modest optimism, reflected in 1.9% stock gain and stable valuation multiples.

What it means for the business

Maintain neutral bias. monitor FY 2027 guidance and marketplace GMV execution for growth confirmation.

The next one to three months, as we saw it then

Better case30%

Strong execution on marketplace GMV growth and positive FY 2027 guidance drive multiple expansion.

Base case50%

Steady execution with flat guidance maintains current valuation and modest share price gains.

Worse case20%

Slower revenue growth and weak operating margins pressure profitability and valuation downward.

If you hold it

Hold shares unless FY 2027 guidance is lowered or marketplace GMV growth disappoints.

If you are watching

Add if FY 2027 guidance is upgraded and marketplace GMV growth accelerates. avoid if guidance remains flat or worsens.

Scenario odds are a judgement, not measured.

After hours

That's a wrap.

16hrs57min24sec

Market opens Friday, Nov 13 at 9:30 AM ET