In a strategic repositioning, the GameStop CEO hints at a willingness to accept cryptocurrency in exchange of trading ...

Key Takeaways GameStop posted a surprise profit but continues to lose revenue in core retail.The company is shifting into ...

Retailer GameStop Corp <GME.N> on Thursday posted better-than-expected quarterly results and upbeat outlook, sending its shares higher amid optimism that a long video game industry slump may be over.

We can attribute Wall Street's profitability outlook for GameStop to the company's unexpected third-quarter (Q3) performance. Despite market expectations of an 8 cent loss per share, GameStop ...

GameStop Corp <GME.N> posted on Thursday a better-than-expected seven-fold jump in quarterly profit and raised its full-year outlook on strong sales of games like "Guitar Hero II" and "NCAA ...

GameStop’s Q1 results do nothing to change the analysts’ outlook, which is bearish to say the least. MarketBeat tracks only a single rating, pegged at Sell, with a price target of $13.50 .

Now Wall Street anticipates that GameStop will achieve profitability as early as 2024, with forecasted earnings per share (EPS) of 11 cents for 2024, 14 cents for 2025, and 24 cents for 2026 ...

Consequently, GameStop's net loss significantly decreased from $108.7 million in the previous year's quarter to $2.8 million in the current quarter, signifying an enhanced profitability outlook.

GameStop's gross profit margin contracted by -4.2 percentage points YoY from 25.9% in Q1 FY 2021 to 21.7% in Q1 FY 2022. ... In other words, the business outlook for GameStop is negative, ...

GameStop's epic short-squeeze rally is not changing Bank of America's mind on its long-term outlook. The bank reiterated its Underperform rating on the stock, but increased its price target to $10 ...

GameStop's fundamental expectations are improved. The key ingredient is the enhanced focus on a growth strategy, spurred by the new, committed board members and fostered by new management ...