In the same period a year ago the electronics retailer posted earnings of $2.42 a share on sales of $15.4 billion.
The stock has fallen 4.7% since the company last reported earnings on Nov. 20.
Quarterly estimates have risen less than 1 cent a share in the past month. Best Buy is currently trading at a price-to-forward-earnings ratio of 10.8 based on the 12-month estimates of 24 analysts surveyed by FactSet.
The company offered guidance of $2.53 a share at the time of its last earnings report.