GameStop Corp. (GME) Set to Announce Quarterly Earnings on Thursday
GameStop Corp. (NYSE:GME) is scheduled to issue its Q214 quarterly earnings data on Thursday, August 21st. Analysts expect the company to announce earnings of $0.18 per share and revenue of $1.64 billion for the quarter. GameStop Corp. has set its Q2 guidance at $0.12-0.20 EPS and its FY15 guidance at $3.40-3.70 EPS.Persons interested in registering for the company’s earnings conference call can do so using this link.
GameStop Corp. (NYSE:GME) last issued its quarterly earnings data on Thursday, May 22nd. The company reported $0.59 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.57 by $0.02. The company had revenue of $2.00 billion for the quarter, compared to the consensus estimate of $2.03 billion. During the same quarter in the prior year, the company posted $0.46 earnings per share. The company’s quarterly revenue was up 7.0% on a year-over-year basis. On average, analysts expect GameStop Corp. to post $3.67 EPS for the current fiscal year and $4.32 EPS for the next fiscal year.
GameStop Corp. (NYSE:GME) opened at 40.88 on Wednesday. GameStop Corp. has a 1-year low of $33.10 and a 1-year high of $57.74. The stock’s 50-day moving average is $42.05 and its 200-day moving average is $39.34. The company has a market cap of $4.654 billion and a P/E ratio of 13.00.
GME has been the subject of a number of recent research reports. Analysts at Benchmark Co. cut their price target on shares of GameStop Corp. from $34.71 to $33.00 in a research note on Monday. On a related note, analysts at Wedbush reiterated a “buy” rating on shares of GameStop Corp. in a research note on Friday, May 23rd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. GameStop Corp. presently has a consensus rating of “Buy” and a consensus target price of $50.92.
GameStop Corp. (NYSE:GME) is a holding company.
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