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Best Buy Net Income Common Stock vs Net Loss Income from Discontinued Operations Analysis

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BBY -- USA Stock  

Earnings Report: May 28, 2020  

Best Buy financial indicator trend analysis is way more than just evaluating Best Buy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Best Buy is a good investment. Please check the relationship between Best Buy Net Income Common Stock and its Net Loss Income from Discontinued Operations accounts. Continue to Trending Equities.

Net Income Common Stock vs Net Loss Income from Discontinued Operations

Accounts Relationship

Net Income Common Stock vs Net Loss Income from Discontinued Operations

Significance: Pay attention

Net Income Common Stock diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Best Buy Net Income Common Stock account and Net Loss Income from Discontinued Operations

Correlation Coefficient

-0.98
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Income Common Stock

The amount of net income (loss) for the period due to common shareholders. typically differs from net income to the parent entity due to the deduction of preferred dividends.

Net Loss Income from Discontinued Operations

Amount of loss (income) from a disposal group; net of income tax; reported as a separate component of income.