• GameStop Corp GME.N reported quarterly adjusted earnings of 6 cents​​ per share for the quarter ended October 31, higher than the same quarter last year, when the company reported breakeven earnings per share. The mean expectation of two analysts for the quarter was for a loss of 6 cents per share. Wall Street expected results to range from -7 cents to -6 cents per share.

• Revenue fell 20.2% to $860.30 million from a year ago; analysts expected $887.70 million.

• GameStop Corp's reported EPS for the quarter was 4 cents​.

• The company reported quarterly net income of $17.4 million.

• GameStop Corp shares had risen by 21.8% this quarter and gained 59.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 154% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "sell" and the breakdown of recommendations is no "strong buy" or "buy," no "hold" and 2 "sell" or "strong sell."

• The average consensus recommendation for the computer & electronics retailers peer group is "strong sell."

Wall Street's median 12-month price target for GameStop Corp is $7.88

This summary was machine generated from LSEG data December 10 at 10:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)