Best Buy Co Inc. Q2 Income Rises 6%

(RTTNews) - Best Buy Co Inc. (BBY) released earnings for its second quarter that rose compared to the same period last year.

The company said its bottom line climbed to $185 million, or $0.57 per share. This was up from $174 million, or $0.49 per share, in last year's second quarter.

Analysts had expected the company to earn $0.43 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Revenue held steady at $8.53 billion

Best Buy Co Inc. earnings at a glance:

-Earnings (Q2): $185 Mln. vs. $174 Mln. last year. -Earnings Growth (Y-o-Y): 6.3% -EPS (Q2): $0.57 vs. $0.49 last year. -EPS Growth (Y-o-Y): 16.3% -Analysts Estimate: $0.43 -Revenue (Q2): $8.53 Bln vs. $8.53 Bln last year. -Revenue Change (Y-o-Y): 0%

-Guidance: Next quarter EPS guidance: $0.43 to $0.47 Next quarter revenue guidance: $8.8 Bln to $8.9 Bln