GameStop GME announces its next round of earnings this Tuesday, September 10. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement.
Earnings and Revenue
Analysts covering GameStop have modeled for quarterly EPS loss of 21 cents on revenue of $1.34 billion.
In the same quarter last year, GameStop reported earnings per share of 5 cents on revenue of $1.65 billion. Sales would be down 18.64% from the same quarter last year. Here's how the company's EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2019 | Q4 2018 | Q3 2018 | Q2 2018 |
| EPS Estimate | -0.030 | 1.58 | 0.57 | 0.08 |
| EPS Actual | 0.070 | 1.6 | 0.67 | 0.05 |
Stock Performance
Over the past 52-week period, shares of GameStop have declined 73.3%. Analyst estimates are adjusted lower for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral rating with GameStop. The strength of this rating has maintained conviction over the past three months.
Conference Call
GameStop is scheduled to hold a conference call at 5:00 p.m. ET and it can be accessed here: https://edge.media-server.com/mmc/p/27pyh7fs
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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