Why Best Buy’s stock is surging, even as sales and full-year outlook disappoint
Best Buy’s earnings beat was enough to please investors, who had low expectations ahead of the retailer’s quarterly results.
Last updated: 2026-03-03 23:51:20 ET
Best Buy’s earnings beat was enough to please investors, who had low expectations ahead of the retailer’s quarterly results.
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Best Buy beat fourth-quarter earnings expectations but missed Wall Street's revenue estimates.
Versant reported its 2025 earnings, giving Wall Street its first detailed look inside the company that started publicly trading in January.
Core Scientific missed revenue expectations in the fourth quarter as Bitcoin miners were squeezed by lower prices and higher costs.
A “planned” transition involving the exits of two sales leaders is also rattling investors.
An analyst sees minimal risk to the company’s guidance and thinks shares have been overly punished by a broad selloff in the software sector.
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