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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.
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 is set to announce its earnings during the last week of March. It's possible that the retailer could report an annual profit for the first time since 2018.
GameStop, which was S&P 500-listed as recently as 2016, now once again meets a number of S&P's rules. But GameStop's biggest hurdle to index inclusion could be its lack of profitability.
In pursuit of profitability, GameStop “rightsized corporate expenditures and headcount,” Furlong said. Those actions, and other measures, reduced expenses by 14.3% in the second quarter ...
Taking a mean average, analysts see GameStop’s EPS being negative for both Fiscal 2024 and 2025; forecasts vary from -0.09 to 0.08 per share for the former and -0.25 to 0.13 per share for the ...
GameStop reported a profit of $48.2 million in the fourth quarter of 2022 — reversing a $147.5 million loss in the same period a year ago.
In a typically slow period for video-game sales, GameStop still managed to deliver strong business results. The retailer today posted second-quarter sales and profit figures that both beat Wall ...
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