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Bartosiak: Trading Best Buy's (BBY) Earnings with Options
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On Thursday, May 25th, Best Buy (BBY - Free Report) will release its first quarter earnings results before the bell. The company is a Zacks Rank 2 (Buy), and have a Value, Growth, and Momentum score of A.
In our video David will take a look at the current state of Best Buy, their past earnings announcements, and he’ll give us his thoughts on their upcoming earnings call. Furthermore, David will also give us insight on how to play the options market.
Best Buy in Focus
Best Buy operates in a single business segment, selling personal computers and other home office products, consumer electronics, entertainment software, major appliances and related accessories principally through its retail stores. They operate retail stores and commercial Websites under the brand names Best Buy, Media Play, On Cue, Sam Goody, Suncoast, Magnolia Hi-Fi and Future Shop. They also operate in three segments: Best Buy, Musicland and International.
Best Buy is expected to report earnings at $0.40 per share according to the Zacks Consensus Estimate. Last quarter they reported earnings at $1.95, beating expectations by $0.29. Their average EPS surprise is 27.70%.
Best Buy Co., Inc. Price, Consensus and EPS Surprise
How should investors play Best Buy ahead of their earnings report? For insights on the best options trades, then tune in 1:00 pm CST today to see David’s thoughts.
Zacks' 2017 IPO Watch List
Before looking into the stocks mentioned above, you may want to get a head start on potential tech IPOs that are popping up on Zacks' radar. Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the current scoop on 5 that may go public at any time.
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Bartosiak: Trading Best Buy's (BBY) Earnings with Options
On Thursday, May 25th, Best Buy (BBY - Free Report) will release its first quarter earnings results before the bell. The company is a Zacks Rank 2 (Buy), and have a Value, Growth, and Momentum score of A.
In our video David will take a look at the current state of Best Buy, their past earnings announcements, and he’ll give us his thoughts on their upcoming earnings call. Furthermore, David will also give us insight on how to play the options market.
Best Buy in Focus
Best Buy operates in a single business segment, selling personal computers and other home office products, consumer electronics, entertainment software, major appliances and related accessories principally through its retail stores. They operate retail stores and commercial Websites under the brand names Best Buy, Media Play, On Cue, Sam Goody, Suncoast, Magnolia Hi-Fi and Future Shop. They also operate in three segments: Best Buy, Musicland and International.
Best Buy is expected to report earnings at $0.40 per share according to the Zacks Consensus Estimate. Last quarter they reported earnings at $1.95, beating expectations by $0.29. Their average EPS surprise is 27.70%.
Best Buy Co., Inc. Price, Consensus and EPS Surprise
Best Buy Co., Inc. Price, Consensus and EPS Surprise | Best Buy Co., Inc. Quote
Bottom Line
How should investors play Best Buy ahead of their earnings report? For insights on the best options trades, then tune in 1:00 pm CST today to see David’s thoughts.
Zacks' 2017 IPO Watch List
Before looking into the stocks mentioned above, you may want to get a head start on potential tech IPOs that are popping up on Zacks' radar. Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the current scoop on 5 that may go public at any time.One has driven from 0 to a $68 billion valuation in 8 years. Four others are a little less obvious but already show jaw-dropping growth. Download this IPO Watch List today for free >>