GameStop Corp (NYSE:GME) shares are trading flat at $14.92 Wednesday afternoon. Traders and investors are watching for the company’s third-quarter earnings report, confirmed for today’s after-hours session.
GameStop’s stock gained traction in late November, possibly due to robust Black Friday and Cyber Monday sales, especially in consumer electronics.
GameStop Earnings Preview
GameStop is expected to announce $1.18 billion in third-quarter revenue, slightly lower than last year’s $1.186 billion. Despite a potential decrease, they’ve surpassed revenue estimates twice in the last five quarters. Analysts predict an 8 cent loss per share, an improvement from the 31 cent loss in the same period last year. GameStop has exceeded earnings per share estimates in three of the past five quarters…Read More
According to data from Benzinga Pro, GME has a 52-week high of $27.65 and a 52-week low of $11.82.
