earnings per share

Best Buy beats earnings estimates as its sales decline stabilizes

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Best Buy (BBY) posted better-than-expected results after a series of disappointing quarters. On Thursday, the company reported revenue of $9.29 billion, compared to estimates of $9.24 billion. Adjusted earnings per share jumped 10% year over year to $1.34, more than the $1.16 anticipated. CEO Corie Barry said in the release that the company’s numbers result … Read more

Gap halts trading of its stock after early release of Q2 results as the retailer appears to post sales growth

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Gap (GAP) shares halted trading on Thursday after the company shared its earnings release around 9:30 a.m. ET on its site, then retracted it. The company did not respond immediately to a request for comment. It was set to report its earnings Thursday after market close. Based upon those since-retracted results, the company beat estimates … Read more