Best Buy Co Inc. Bottom Line Climbs 17% In Q2

(RTTNews) - Best Buy Co Inc. (BBY) announced earnings for its second quarter that climbed from last year.

The company said its bottom line totaled $214 million, or $0.69 per share. This was up from $183 million, or $0.57 per share, in last year's second quarter.

Analysts had expected the company to earn $0.63 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 4.8% to $8.94 billion. This was up from $8.53 billion last year.

Best Buy Co Inc. earnings at a glance:

-Earnings (Q2): $214 Mln. vs. $183 Mln. last year. -Earnings Growth (Y-o-Y): 16.9% -EPS (Q2): $0.69 vs. $0.57 last year. -EPS Growth (Y-o-Y): 21.1% -Analysts Estimate: $0.63 -Revenue (Q2): $8.94 Bln vs. $8.53 Bln last year. -Revenue Change (Y-o-Y): 4.8%

-Guidance: Next quarter EPS guidance: $0.75 to $0.80