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We can attribute Wall Street's profitability outlook for GameStop to the company's unexpected third-quarter (Q3) performance. Despite market expectations of an 8 cent loss per share, GameStop ...
In a strategic repositioning, the GameStop CEO hints at a willingness to accept cryptocurrency in exchange of trading ...
Retailer GameStop Corp <GME.N> on Thursday posted better-than-expected quarterly results and upbeat outlook, sending its shares higher amid optimism that a long video game industry slump may be over.
Key Takeaways GameStop posted a surprise profit but continues to lose revenue in core retail.The company is shifting into ...
Now Wall Street anticipates that GameStop will achieve profitability as early as 2024, with forecasted earnings per share (EPS) of 11 cents for 2024, 14 cents for 2025, and 24 cents for 2026 ...
GameStop’s Q1 results do nothing to change the analysts’ outlook, which is bearish to say the least. MarketBeat tracks only a single rating, pegged at Sell, with a price target of $13.50 .
Consequently, GameStop's net loss significantly decreased from $108.7 million in the previous year's quarter to $2.8 million in the current quarter, signifying an enhanced profitability outlook.
Aug 22 (Reuters) - GameStop Corp raised its 2013 earnings forecast on Thursday, counting on new consoles from Microsoft Corp and Sony Corp to boost holiday season spending on video games and ...
GameStop's gross profit margin contracted by -4.2 percentage points YoY from 25.9% in Q1 FY 2021 to 21.7% in Q1 FY 2022. ... In other words, the business outlook for GameStop is negative, ...
GameStop's epic short-squeeze rally is not changing Bank of America's mind on its long-term outlook. The bank reiterated its Underperform rating on the stock, but increased its price target to $10 ...
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