PREVIEW: Best Buy shares rise; Q2 EPS, rev expected to fall y/y

** Best Buy BBY.N shares up ~2% in session ahead of Q2 financial results due out before market open on Thursday

** Wall Street expects the electronics retailer to report adj. EPS of $1.21 vs $1.34 in Q2 2024 on rev of $9.24 bln versus $9.29 bln year-ago, according to latest data from LSEG

** In last 8 quarters, its EPS beat the Street 7 times while rev met or beat 4 times

** BBY last traded at $75.08 vs median PT of $75 as per LSEG, which shows 28 analyst ratings: 2 'strong buy,' 6 'buy,' 19 'hold' and 1 'sell'

** YTD shares down ~13% vs ~3% gain for S&P 500 consumer discretionary index .SPLRCD