- Jun 24, 2005
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I'm really trying to bury myself in stock analysis but I'm a pretty big newb so I'm trying to read everything I can.
I read this article about best buys 3rd quarter earnings report here:
http://www.investorguide.com/article/11331/best-buy-shares-pummeled-after-earnings-report/
And they said that Best Buy had a 97% drop in operating income.
Looking at their quarterly income statment here:
http://finance.yahoo.com/q/is?s=BBY
Their operating income went from 262,000,000 to 33,000,000. Which is an 87% drop. Am I looking at something wrong or did they fat finger the article?
I read this article about best buys 3rd quarter earnings report here:
http://www.investorguide.com/article/11331/best-buy-shares-pummeled-after-earnings-report/
And they said that Best Buy had a 97% drop in operating income.
Looking at their quarterly income statment here:
http://finance.yahoo.com/q/is?s=BBY
Their operating income went from 262,000,000 to 33,000,000. Which is an 87% drop. Am I looking at something wrong or did they fat finger the article?