Gamestop Corporation (NYSE:GME) will be posting its quarterly earnings results after the market closes on Thursday, August 24th. Analysts expect Gamestop Corporation to post earnings of $0.15 per share for the quarter. Gamestop Corporation has set its FY18 guidance at 3.10-3.40 EPS.

Gamestop Corporation (NYSE:GME) last announced its quarterly earnings data on Thursday, May 25th. The company reported $0.63 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.51 by $0.12. Gamestop Corporation had a net margin of 3.99% and a return on equity of 17.55%. The business had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.96 billion. During the same period last year, the business earned $0.66 EPS. The company’s revenue was up 3.8% on a year-over-year basis. On average, analysts expect Gamestop Corporation to post $3.32 EPS for the current fiscal year and $3.35 EPS for the next fiscal year.

Shares of Gamestop Corporation (NYSE:GME) opened at 21.39 on Thursday. The stock has a 50 day moving average of $21.38 and a 200-day moving average of $22.91. The firm has a market capitalization of $2.17 billion, a price-to-earnings ratio of 6.37 and a beta of 1.20. Gamestop Corporation has a one year low of $20.10 and a one year high of $32.67.

A number of research firms recently weighed in on GME. Telsey Advisory Group raised shares of Gamestop Corporation from a “market perform” rating to an “outperform” rating in a report on Wednesday, May 10th. Vetr cut shares of Gamestop Corporation from a “sell” rating to a “strong sell” rating and set a $20.04 price objective on the stock. in a report on Monday, May 15th. Bank of America Corporation set a $27.00 price objective on shares of Gamestop Corporation and gave the stock a “hold” rating in a report on Saturday, May 13th. ValuEngine cut shares of Gamestop Corporation from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Finally, Oppenheimer Holdings, Inc. reaffirmed a “hold” rating on shares of Gamestop Corporation in a report on Thursday, May 25th. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $24.84.

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About Gamestop Corporation

GameStop Corp. is an omnichannel video game retailer. The Company sells video game hardware, physical and digital video game software, video game accessories, as well as mobile and consumer electronics products and other merchandise through its GameStop, EB Games and Micromania stores. It operates its business in five segments, which consists of four Video Game Brands segments: United States, Canada, Australia and Europe, and Technology Brands segment.

Earnings History for Gamestop Corporation (NYSE:GME)

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