From Nasdaq: 2025-05-29 00:17:00

Best Buy is set to release Q1 earnings on May 29, with analysts expecting $1.09 per share on $8.82 billion in revenue, a 4% drop in earnings and flat sales growth year over year. Full-year guidance for 2026 predicts revenue between $41.4 billion and $42.2 billion, with comparable sales growth of 0% to 2%, excluding potential tariff impacts.

Historical data shows Best Buy stock increases 58% of the time after earnings, with a median one-day rise of 3.9% and max increase of 14%. For event-driven traders, the Trefis High Quality portfolio offers an alternative with strong performance compared to the S&P 500. Understanding correlations between short-term and medium-term post-earnings returns can inform trading strategies.

Analysis of one-day post-earnings returns over the last five years reveals 11 positive and 8 negative returns, with a 58% chance of a positive return. Considering data from the last 3 years, the positive return percentage increases to 64%. Understanding correlations between 1D, 5D, and 21D historical returns post-earnings can help traders make informed decisions on their trading positions.

Peer performance can impact post-earnings stock reactions, with pricing-in potentially beginning before earnings announcements. Comparing Best Buy’s post-earnings performance with peers who reported earnings just before can provide insights into potential stock movements. The Trefis RV strategy has outperformed all-cap stock benchmarks, offering strong returns for investors.



Read more at Nasdaq: Will Best Buy’s Stock Rise On Its Upcoming Earnings?