>

Best Buy Weighted Average Shares Diluted vs Revenues Analysis

<div class='circular--portrait' style='background:#754DEB;color: white;font-size:3em;padding-top: 40px;;'>BES</div>
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 Weighted Average Shares Diluted and its Revenues accounts. Continue to Trending Equities.

Weighted Average Shares Diluted vs Revenues

Accounts Relationship

Weighted Average Shares Diluted vs Revenues

Significance: Pay attention

Weighted Average Shares Diluted diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Best Buy Weighted Average Shares Diluted account and Revenues

Correlation Coefficient

-0.84
Relationship DirectionNegative 
Relationship StrengthSignificant

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.

Revenues

Revenues refers to the total amount of money received by best buy for goods sold or services provided during a certain time period. it also includes all of best buy sales as well as any other increase in best buy co equity.revenues are reported on best buy income statement and calculated before any expenses are subtracted. amount of revenue recognized from goods sold; services rendered; insurance premiums; or other activities that constitute an earning process. interest income for financial institutions is reported net of interest expense and provision for credit losses.