GameStop Q2 Earnings Preview

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

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsEarnings Previews
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!