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Earnings Analysis: 
Best Buy Co, FactSet Research Net Rises
Author: Mita Yagnik
123jump.com
Last Update: 9:35 AM ET December 15 2009



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9:00AM New York - Best Buy Co, Inc revenue rose 4.5% and net income rose 337%. FactSet Research Systems Inc revenue fell 0.3% and net income rose 1.4%.

Best Buy Co, Inc, the electronics retailer reported third quarter revenues rose 4.5% to $12.02 billion from $11.5 billion a year ago. Net income in the quarter rose 337% to $227 million or 53 cents per diluted share compared to net income of $52 million or 13 cents per share a year ago.

Best Buy Co, Inc (BBY) in the last one year traded as high as $45.55 in December 2009 and as low as $22.92 in December 2008. Based on the yesterday's closing price of $45.37 the company has market cap of $18.90 billion.

FactSet Research Systems Inc., the financial-information provider reported first quarter revenues fell 0.3% to $155.2 million from $155.6 million a year ago. Net income in the quarter rose 1.4% to $36.1 million or 74 cents per diluted share compared to net income of $35.6 million or 73 cents per share a year ago.

FactSet Research Systems Inc. (FDS) in the last one year traded as high as $76.76 in December 2009 and as low as $34.23 in February 2009. Based on the yesterday's closing price of $76.06 the company has market cap of $3.60 billion.
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