Earnings History of GameStop Corp. (NYSE:GME)

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earning reaction history, nasdaq, nyse

GameStop Corp. (NYSE:GME) moved up 1.57% and closed its last trading session at $24.64. This Retail-Wholesale Sector stock currently has the Market Capitalization of 2.51 Billion. The Average Volume for the stock is measured as 2.49 Million. The Stock has a 52-Week High of $33.72 and 52-Week Low of $20.1 following the dates, it touched its 52-Week High on Apr 27, 2016 and 52-Week Low on Nov 2, 2016. Currently, the Return on Assets value for the trailing twelve months is 8.7% with the Return on Equity and Return on Investment of 18.4% and 17.5% respectively. This firm currently has YTD (year to date) performance of -0.95 Percent which is not good. The Short Ratio for the stock is 9.68.

GameStop Corp. (NYSE:GME) Price to Earnings (P/E) ratio is 6.58. EPS or Earning per Share stands at $3.74. The TTM operating margin is 7.2 percent.

GameStop Corp. (NYSE:GME) reports its Earnings on Thu 23 Mar (In 4 Days). The estimated EPS for the current quarter is said to be $2.29. Following Earnings result, share price were DOWN 15 times out of last 27 Qtrs. The stock has added about 3.7% since it reported its last earnings. The Closing price of GameStop Corp. (NYSE:GME) at Last Earnings was $23.75 as compared to the previous closing price of $24.26. The Predicted Move on the 7th day after GameStop Corp. (NYSE:GME) will release its earnings at about 7%.

By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, GameStop Corp. (NYSE:GME) beats earnings by 66%, The Stock Missed Earnings  4  times and has met earnings  0 times.

Earnings History:

We will discuss the past Quarters Earnings below:

GameStop Corp. (NYSE:GME) reported its previous quarter on 11/22/2016 where it reported the Actual Earnings of $0.49. The Closing price before the company posted its earnings was $23.75. The Stock surged on the very next day of earnings and maintained its stock price at $25.67 by showing a % change of 8.08 percent from its previous closing price. The Next Day Volume after Earnings was reported as 9.39 Million. On the 7th day After Earnings Report, the stock hit its share price as $24.49 by showing 3.12% increase from the Stock price Before Earnings were reported.

On 08/25/2016, the stock reported the EPS of $0.27 where Analysts were projecting the EPS to be $0.27 showing a difference of $0. Thus Surprise Factor was there with 0 percent. Before Earnings Announcement on 08/25/2016, the firm had its stock price of $31.27. And immediately on the next day after earnings announcement, the stock declined -10.65% and closed its trading session at $27.94. On 7th Day after earnings release, GameStop Corp. (NYSE:GME) dropped to -12.86% from $31.27 to $27.25.

On 05/26/2016, Analysts were suspecting EPS of $0.62/share where GameStop Corp. (NYSE:GME) reported its Actual EPS of $0.66. Thus showing a Surprise of 6.5 percent. The Closing Price of the stock before earnings was $28.78 while on the Next day the stock closed its trading session at $27.64 with a percentage change of -3.96% from the price of 28.78 before Earnings. The Stock Closing Price on the 7th day of earnings was $27.73.

Company Profile:

GameStop Corp. operates as an omnichannel video game retailer. It sells new and pre-owned video game hardware; physical and digital video game software; pre-owned and value video game products; video game accessories, such as controllers, gaming headsets, memory cards, and other add-ons for use with video game hardware and software; and digital products, including downloadable content, network points cards, prepaid digital and subscription cards, and digitally downloadable software. The company also sells mobile and consumer electronics, including smart phones, tablets, headphones, and accessories, as well as pre-owned smart phones; personal computer (PC) entertainment software in various genres, including sports, action, strategy, adventure/role playing, and simulation; and strategy guides, magazines, and gaming-related toys. In addition, it operates electronic commerce Websites comprising gamestop.com, ebgames.com.au, ebgames.co.nz, gamestop.ca, gamestop.it, gamestop.ie, gamestop.de, gamestop.co.uk, thinkgeek.com, and micromania.fr. Further, the company operates kongregate.com, a browser-based game site; Game Informer magazine, a print and digital video game publication; iOS and Android mobile applications; Simply Mac, a certified Apple consumer electronic products reseller; and Spring Mobile, an authorized AT&T reseller operating pre-paid wireless stores under the Cricket Wireless name that offers prepaid services, devices, and accessories. As of January 30, 2016, it operated approximately 7,117 stores in the United States, Australia, Canada, and Europe. GameStop Corp. primarily offers its products under the GameStop, EB Games, and Micromania names. The company, formerly known as GSC Holdings Corp., was founded in 1994 and is headquartered in Grapevine, Texas.