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Best Buy: Q4 exceeds estimates

(CercleFinance.com) - Best Buy has announced Q4 adjusted EPS (non-Gaap) of continuing operations that is up 25% at 2.
42 dollars, 40 cents above the consensus.

The consumer electronics corporation's adjusted operating margin fell by 0.2% to 6.4%, on revenues of nearly 15.4 billion dollars, up 9% in comparable data.

Best buy has announced a 32% increase in its quarterly dividend per share, at 45 cents, and has said that for the current fiscal year it is aiming for adjusted EPS of between 4.80 dollars and 5 dollars, compared to 4.42 dollars in 2017.

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