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Best Buy Net Loss Income from Discontinued Operations vs Weighted Average Shares Diluted 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 Loss Income from Discontinued Operations and its Weighted Average Shares Diluted accounts. Continue to Trending Equities.

Net Loss Income from Discontinued Operations vs Weighted Average Shares Diluted

Accounts Relationship

Net Loss Income from Discontinued Operations vs Weighted Average Shares Diluted

Significance: Strong Relationship

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

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Weighted Average Shares Diluted

The weighted average number of shares or units issued and outstanding that are used by the company to calculate earnings per diluted share; determined based on the timing of issuance of shares or units in the period.