Will Best Buy (BBY) Beat Estimates Again in Its Next Earnings Report?

Best Buy (BBY) is positioned to exceed earnings estimates in its upcoming report on August 28, 2025, supported by a consistent track record of beating consensus, including an average surprise of 6.50% over the last two quarters. This outlook is reinforced by a positive Zacks Earnings ESP of +3.56% combined with a Zacks Rank #3 (Hold), a configuration that historically indicates a high probability of an earnings beat.

Analysis

Best Buy (BBY) shows strong quantitative signals for a potential earnings beat in its upcoming report scheduled for August 28, 2025. The company has an established track record of exceeding consensus estimates, registering an average positive earnings surprise of 6.50% over the past two quarters. Specifically, BBY reported EPS of $1.15 versus a $1.09 estimate in the last quarter (a 5.50% beat) and $2.58 versus a $2.40 estimate in the prior quarter (a 7.50% beat). This historical performance is complemented by a forward-looking positive Zacks Earnings ESP (Expected Surprise Prediction) of +3.56%, which indicates that the most recent analyst revisions are trending bullish. The combination of a positive ESP and the stock's current Zacks Rank #3 (Hold) historically corresponds to a nearly 70% probability of a positive earnings surprise, suggesting a favorable setup for the company heading into its earnings announcement.

Key Decisions for Investors

• Investors could consider positioning for a potential short-term price increase around the August 28, 2025 earnings release, as the +3.56% Earnings ESP and historical performance suggest a high likelihood of an earnings beat.
• The pattern of positive earnings surprises, averaging 6.50% over the last two reports, supports a bullish thesis, however the stock's Zacks Rank #3 (Hold) suggests that long-term investors should still scrutinize underlying fundamentals beyond this single event.
• Traders focusing on earnings catalysts might view BBY as an attractive candidate, but should acknowledge that the investment case presented is based on a statistical model whose stated 70% success rate is historical and not a guarantee of future performance.