On Wednesday, September 09, GameStop GME will release its latest earnings report. Here is Benzinga's outlook for the company.
Earnings and Revenue
Sell-side analysts are expecting GameStop's loss per share to be near $1.13 on sales of $1.02 billion. In the same quarter last year, GameStop reported a loss per share of $0.32 on revenue of $1.29 billion. If the company were to report in-line earnings when it publishes results Wednesday, quarterly profit would be down 253.12%. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:
| Quarter | Q1 2020 | Q4 2020 | Q3 2019 | Q2 2019 |
|---|---|---|---|---|
| EPS Estimate | -0.46 | 0.79 | 0.11 | -0.21 |
| EPS Actual | -1.61 | 1.27 | -0.49 | -0.32 |
| Revenue Estimate | 1.09 B | 2.24 B | 1.62 B | 1.34 B |
| Revenue Actual | 1.02 B | 2.19 B | 1.44 B | 1.29 B |
Stock Performance
For a full 12 months, the return has risen by 66.88%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Don't be surprised to see the stock move on comments made during its conference call. GameStop is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://viavid.webcasts.com/starthere.jsp?ei=1356549&tp_key=c0a73f1f68
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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