GameStop Corp GME.N reported quarterly adjusted earnings of 30 cents per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of 22 cents. The mean expectation of two analysts for the quarter was for earnings of 8 cents per share. Wall Street expected results to range from 7 cents to 9 cents per share.
Revenue fell 28.5% to $1.28 billion from a year ago; analysts expected $1.48 billion.
GameStop Corp's reported EPS for the quarter was 29 cents.
The company reported quarterly net income of $131.3 million.
GameStop Corp shares had fallen by 18.3% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "strong sell" and the breakdown of recommendations is no "strong buy" or "buy," no "hold" and 1 "sell" or "strong sell."
The average consensus recommendation for the computer & electronics retailers peer group is also "strong sell"
Wall Street's median 12-month price target for GameStop Corp is $10.00
This summary was machine generated from LSEG data March 25 at 09:00 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jan. 31 2025 | 0.08 | 0.30 | Beat |
Oct. 31 2024 | -0.06 | 0.06 | Beat |
Jul. 31 2024 | -0.08 | 0.01 | Beat |
Apr. 30 2024 | -0.09 | -0.12 | Missed |