GameStop (GME) Reports In-Line Q2 EPS, Offers Guidance

GameStop (NYSE: GME) reported Q2 EPS of $0.27, in-line with the analyst estimate of $0.27. Revenue for the quarter came in at $1.63 billion versus the consensus estimate of $1.72 billion.

Comps declined 10.6%

GUIDANCE:

GameStop sees Q3 2016 EPS of $0.53-$0.58, versus the consensus of $0.53.

• comparable store sales to range from -2.0% to 1.0%.

GameStop sees FY2016 EPS of $3.90-$4.05, versus the consensus of $3.99.

• comparable store sales are now expected to range of -4.5% to -1.5%.

For earnings history and earnings-related data on GameStop (GME) click here.

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