GameStop (NYSE:GME) reported its Q1 earnings results on Wednesday, June 7, 2023 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
GameStop missed estimated earnings by 16.67%, reporting an EPS of $-0.14 versus an estimate of $-0.12.
Revenue was down $141.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.29 which was followed by a 35.24% increase in the share price the next day.
Here’s a look at GameStop’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.13 | -0.28 | -0.38 | -0.36 |
| EPS Actual | 0.16 | -0.31 | -0.35 | -0.52 |
| Revenue Estimate | 2.18B | 1.35B | 1.27B | 1.32B |
| Revenue Actual | 2.23B | 1.19B | 1.14B | 1.38B |
To track all earnings releases for GameStop visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
