Shares of video game retailer GameStop - Get Report dropped after hours Monday after the company reported quarterly results that missed analyst estimates for the period. GameStop Corp., a Fortune 500 company headquartered in Grapevine, Texas, is a digital-first omni-channel retailer, offering games and entertainment products in its over 5,000 stores and comprehensive E-Commerce properties across 10 countries. Shares of the video game company dropped in the after-hours session, immediately after the announcement. Although the quarter is now completed, the Company is still in the early stages of standard financial reporting closing procedures. Fourth Quarter Fiscal 2020 Overview. 04/28/20. Analysts are … GameStop had a negative return on equity of 33.58% and a negative net margin of 5.32%. GameStop is slated Tuesday to issue its first quarterly earnings report since a Reddit community successfully encouraged hordes of people to buy … Gamestop Corp. The upcoming earnings date is derived from an algorithm based on a company's historical reporting dates. GME stock tumbled after disclosing a possible secondary stock offering. Access the latest information and news concerning GameStop's … GRAPEVINE, Texas, June 09, 2020 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME), today reported sales and earnings for the first quarter ended May 2, 2020. GameStop missed Q4 estimates but reported strong comp sales in early Q1, cut its debt, and named a new COO. A A. Gamestop Corporation is estimated to report earnings on 06/08/2021. The Company anticipates reporting fourth quarter and full fiscal year 2020 results in late March. 588.6 KB. Annual Reports. GameStop Corp. (NYSE: GME) shares traded lower by 2.2% after the company announced its latest management shuffle ahead of a highly anticipated fourth-quarter earnings report on … GameStop’s Quarterly Results Disappoint; Shares Drop 15% After-Hours Priti Ramgarhia. The stock closed at $16.95 moments before the video game retailer announced its … For the last reported quarter, GameStop came out with earnings of $1.34 per share versus the Zacks Consensus Estimate of $1.46 per share, representing a surprise of … QUARTERLY RESULTS; FINANCIAL REPORTS; PROXY ONLINE; FUNDAMENTALS; Investor Tool Kit. What to Make of GameStop's Latest Report A look at stock market news. GRAPEVINE, Texas, April 26, 2021 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today announced that it has completed its previously announced “at-the-market” equity offering program (the “ATM Offering”). 03/23/2021 | 03:26pm EDT *: *: * Achieved 6.5% Increase in Comparable Store Sales During Fourth Quarter, With Global E-Commerce Sales Increasing 175% for the Fourth Quarter and 191% for Fiscal 2020 . adjusted earnings of $1.34 per share, which missed the Zacks Consensus Estimate of $1.46. Full-time host of … GameStop Reports Fourth Quarter and Fiscal 2020 Results. … GRAPEVINE, Texas, March 09, 2021 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME), today announced that it will report fourth quarter and fiscal year 2020 earnings results … Two weeks ago, I wrote that GameStop Corp.’s “fourth-quarter earnings are going to be the financial event of the season.” Well, it’s all happening today after the market closes. GameStop (NASDAQ: NYSE) Tuesday reported a wider loss for the third quarter of 2020, hurt by a sharp fall in sales due to the COVIID-induced slowdown. The company reported $1.34 EPS for the quarter, missing analysts' consensus estimates of $1.35 by ($0.01). Analysts expect GameStop will post net sales of $2.29 billion and an adjusted earnings per share of $1.35. GameStop Corp. GME is slated to report fourth-quarter fiscal 2021 results on Mar 23, after the closing bell. Investing.com -- GameStop (NYSE: GME) said it would focus on accelerating its digital transformation after reporting fourth-quarter results that fell short of Wall Street expectations. Grapevine, TX — GameStop Corp. reported results for the fourth quarter and fiscal year ended January 30, 2021. GameStop’s (GME) Q4 2020 earnings results are out, giving us a look at just how well GameStop did in the final quarter of its previous fiscal year. Expense Reduction Initiatives Drove $409 Million, or 21%, SG&A Improvement in Fiscal 2020. 2020 Annual Report. GameStop is committed to driving exceptional financial performance and creating new opportunities for shareholder value and profitable growth. Analysts are expecting GameStop to report fourth-quarter adjusted EPS of $1.35 on revenue of $2.21 billion, 0.8% growth compared to a year ago. Cramer says GameStop’s quarterly report was ‘much better’ than anyone expected CNBC’s Jim Cramer on Wednesday said there’s promise in GameStop ’s turnaround story, … READ MORE › Newsroom. Cramer dives into GameStop quarterly report: 'I'm much more of a believer' "I also think you're taking your life in your hands if you buy the stock up here. 04/29/21. While its net loss increased quarterly, GameStop was quick to note in its Sept. 9 earnings report that it has cut losses year-over-year — during Q2 last year the retailer lost $415.3 million. GameStop Earnings Estimates and Actuals by Quarter George Sherman, GameStop’s chief executive officer, said, “Our third quarter results were in-line with our muted expectations and reflected operating during the last few months of a seven-year console cycle and a global pandemic, which pressured sales and earnings. 2019 Annual Report. Chris Hill (TMFWizard) Mar 31, 2021 at 2:31PM Author Bio. A lot has happened since the last time GameStop discussed quarterly results. Print Page; RSS Feeds; Email Alerts; Investor Relations. GameStop (NYSE:GME) last posted its quarterly earnings results on Monday, March 22nd. "I think it was about as good as anyone could've reasonably expected," the "Mad Money" host said. GRAPEVINE, Texas, Jan. 11, 2021 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME), today reported worldwide sales results for the nine-week holiday period ended January 2, 2021 reflecting a 4.8% increase in comparable store sales and a 309% increase in E-Commerce sales. Total sales declined 3.1%... Michael Burry cashed out his GameStop shares last quarter, meaning he probably missed out on the Reddit-fueled buying frenzy that boosted the video-game retailer’s stock up as much as 2,500% last month. GameStop’s fiscal fourth-quarter earnings report is due after the market closes on Tuesday. Same-store sales (comps) are expected … Fourth Quarter … 6 MB. Strengthened the Balance Sheet and … These unaudited condensed consolidated interim financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and the instructions to Quarterly Report on Form 10-Q and Article 10 of Regulation S-X. GRAPEVINE, Texas, March 23, 2021 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME), today reported results for the fourth quarter and fiscal year ended January 30, 2021. 1.2 MB. GameStop Reports Fourth Quarter and Fiscal 2020 Results Achieved 6.5% Increase in Comparable Store Sales During Fourth Quarter, With Global E-Commerce Sales Increasing 175% for the Fourth Quarter and 191% for Fiscal 2020 Expense Reduction Initiatives Drove $409 Million, or 21%, SG&A Improvement in Fiscal 2020 GameStop has generated $0.22 earnings per share over the last year. Mar 24, 2021. GameStop missed on the top and bottom lines of its quarterly results, but e-commerce sales jumped 175% last quarter and accounted for more than a third of its sales in the period. "I also think you're taking your life in your hands if you buy the stock up here. The reported ($0.53) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.85) by $0.32. The company earned $1 billion during the quarter, compared to analyst estimates of $1.09 billion. Its revenue was down 30.2% compared to the same quarter last year. GameStop has generated $0.22 earnings per share over the last year. About GameStop. 'Big Short' investor Michael Burry sold his GameStop stock last quarter, Report. fourth-quarter earnings after the bell Tuesday that fell in line with analyst expectations, fueling bullishness among Reddit traders in the firm’s first quarterly report since its near 2,000% surge in January. Accordingly, they do not include all disclosures required under GAAP for complete consolidated … GRAPEVINE, Texas, Dec. 08, 2020 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME) today reported results for the third quarter ended October 31, 2020 that reflect sustained progress toward its long-term strategic objectives and a positive start to the fourth fiscal quarter following the launch of the long-awaited next generation of video game consoles. Net loss, on an adjusted basis, widened to $0.53 per share from $0.49 per share last year. GameStop ( NASDAQ: NYSE) Tuesday reported a wider loss for the third quarter of 2020, hurt by a sharp fall in sales due to the COVIID-induced slowdown. Shares of the video game company dropped in the after-hours session, immediately after the announcement. GameStop disclosed on April 5, 2021 that it … Expectations about quarterly results are based on preliminary unaudited information about the first fiscal quarter of 2020 and are subject to revision. GameStop has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, June 8th, 2021 based off prior year's report dates. 2018 Annual Report. GameStop (GME), a WallStreetBets favorite and phenomena of the year, reported fourth quarter results Tuesday afternoon which missed analyst … Investor Relations GameStop is committed to driving exceptional financial performance and creating new opportunities for shareholder value and profitable growth. Shares of GameStop Corp. tanked 15.3% in Tuesday’s extended trading session after the electronics retail company reported fiscal 4Q results (ended Jan. 30) that came in below analysts’ expectations. GameStop is expected to report earnings per share of $1.35, or $88 million, on $2.211 billion in revenue for the fourth quarter, according to the consensus estimates of … The company had revenue of $2.12 billion during the quarter, compared to analyst estimates of $2.23 billion. READ MORE ›

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