Earnings Outlook For GameStop
Portfolio Pulse from Benzinga Insights
GameStop (NYSE:GME) is set to release its latest quarterly earnings report on June 7, 2023. Analysts estimate an EPS of $-0.12. The company's historical earnings performance shows a mixed trend, with the last quarter beating EPS estimates by $0.29, resulting in a 35.24% share price increase the next day. Shares are currently trading at $24.31 and are down 29.53% over the last 52-week period.
June 06, 2023 | 2:01 pm
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GameStop's upcoming earnings report on June 7, 2023, has analysts estimating an EPS of $-0.12. The company's historical performance shows mixed results, with the last quarter beating EPS estimates and resulting in a 35.24% share price increase.
GameStop's earnings report is expected to have a direct impact on its share price. The company's historical performance shows that beating EPS estimates can lead to significant share price increases, as seen in the last quarter. However, the overall trend of the stock is negative, with shares down 29.53% over the last 52-week period. This mixed performance makes it difficult to predict the short-term impact of the upcoming earnings report on the share price, resulting in a neutral score.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100