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Actionable news in GME: GAMESTOP Corp CLASS A,

What to Expect From GameStop Earnings

GameStop Corp. (NYSE: GME) is scheduled to report its fiscal second-quarter financial results after the markets close on Thursday. This quarter will help set a direction for the company going into the fall and holiday season, when some of the biggest games of the year will be released.

The consensus estimates from Thomson Reuters call for $0.27 in earnings per share (EPS) on $1.72 billion in revenue. In the same period of the previous year, GameStop posted EPS of $0.31 and $1.76 billion in revenue.

Leading Wall Street analysts feel that hardware updates and the holiday release slate this year should help the gaming segment. In addition, the second-half hardware refreshes and fourth-quarter high-quality product releases could help drive traffic to...


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