Forbes Earnings Preview: Best Buy - Forbes: "Wall Street is expecting lower profit for Best Buy (BBY) when the company reports its third quarter results on Tuesday, December 13, 2011. Analysts are expecting earnings per share of 50 cents after the company booked a profit of 54 cents a share a year earlier.
What to Expect:
The consensus estimate remains unchanged over the past month, but it has decreased from three months ago when it was 54 cents. Analysts are expecting earnings of $3.45 for the fiscal year per share.
Revenue is projected to be $12.14 billion for the quarter, 2.1% above the year-earlier total of $11.89 billion. Revenue is projected to come in at $51.74 billion for the year."
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