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’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 ...

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, ...

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.

In pursuit of profitability, GameStop “rightsized corporate expenditures and headcount,” Furlong said. Those actions, and other measures, reduced expenses by 14.3% in the second quarter ...

GameStop Corp. shares jumped following the video game retailer’s third-quarter results this week, although analyst firm Wedbush thinks that a return to profitability in the company’s core ...

GameStop Corp. (NYSE:GME) fell sharply in premarket action on Wednesday as investors digested the retailer's Q2 earnings report. Revenue fell 31.2% year-over-year for the quarter that ended on ...

Grapevine-based GameStop Corp. reported a surprise profit in the fourth quarter and beat analysts’ estimates for revenue, sending its shares soaring as much as 39% in extended trading Tuesday.

GameStop has missed analyst estimates for revenue in three straight quarters and six of the last 10 quarters overall. Analysts expect GameStop to report a loss of nine cents per share in the ...

(Reuters) -GameStop reported a third-quarter profit on Tuesday as the videogame retailer ramps up its cost-saving efforts, including shutting stores and selling higher-margin goods. CEO Ryan Cohen ...

Green shoots have appeared in GameStop’s (NYSE: GME) results. The turnaround efforts have resulted in operating profitability, but it may not be sufficient to sustain the company's business ...