Posted 3/25/2024, 6:42:41 PM
GameStop Earnings Preview: Revenue Drop Expected but Profit Growth in Focus
- GameStop reporting Q4 earnings results tomorrow; last quarter missed revenue expectations but beat on earnings
- Analysts expect GameStop's revenue to decline 7.9% year-over-year to $2.05B this quarter
- Adjusted Q4 earnings per share estimate is $0.30
- Majority of analysts have reconfirmed estimates over last 30 days, expecting business to stay course
- Heading into earnings, GameStop stock up 8.8% over last month while analysts have $6 price target compared to current $14.85 share price
