GameStop Earnings Preview (GME)

Tomorrow morning before the opening bell, GameStop (NYSE: GME) will be reporting their Q4 earnings numbers. Wall Street analysts are anticipating the company will report EPS of $1.28 versus $1.34 in the year ago period. During today's trading session, GME shares surged 2.32% to $19.86. The action in this name is suggesting to me that a contingent of traders and investors are looking for a better than expected quarter from the video game retailer.

GME stock has lost 23% over the last six months. During just the last week, however, the stock has gained 8.64%. This is very significant in my opinion. I think that this suggests that there is a good chance that GameStop will deliver an upside surprise tomorrow morning.