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GameStop Q2 Earnings Preview: What to Expect

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May 13 41518 AM GMT-4 USD NYSE Disclaimer. 52 Week Range 995 - 2765. Analyse Prognose Handelsideen - worauf sich Anleger im zweiten Börsenhalbjahr einstellen sollten -. . GameStop Corporation Common Stock GME Real-Time This page refreshes every 30 seconds Data last updated May 8 2024 0708 PM ET..

Earnings Preview

GameStop is set to report its Q2 earnings on May 13th. Analysts are expecting the company to report a loss per share of $0.37 on revenue of $1.63 billion. This would be a significant improvement over the same period last year, when the company reported a loss per share of $1.44 on revenue of $1.31 billion.

There are several factors that could impact GameStop's Q2 results. One is the ongoing COVID-19 pandemic. The pandemic has led to store closures and reduced consumer spending, which could weigh on GameStop's sales. However, GameStop has been able to offset some of these losses by increasing its online sales. Another factor that could impact GameStop's Q2 results is the launch of the PlayStation 5 and Xbox Series X/S consoles. These new consoles could boost demand for video games and consoles, which could benefit GameStop.

Overall, analysts are expecting GameStop to report a modest improvement in its Q2 results. The company is still facing challenges, but it is taking steps to address these challenges. Investors will be looking for signs that GameStop is making progress in its turnaround plan.