GameStop Reports First Quarter Fiscal 2018 Results

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GameStop (GME) PT Lowered to $15 at Ascendiant Capital

June 1, 2018 12:36 PM UTC

Ascendiant Capital lowered its price target on GameStop (NYSE: GME) to $15.00 (from $17.00) while maintaining a Buy rating.

Analyst Edward Wo noted Q1 was about inline and FY18 guidance maintained. Weak comps and mobile phones weighed. Concerns about new CEO and digital threat... More

GameStop (GME) PT Lowered to $15 at Macquarie; 'Limited Visibility'

June 1, 2018 6:29 AM UTC

Macquarie lowered its price target on GameStop (NYSE: GME) to $15.00 (from $16.00) while maintaining a Neutral rating.

Analyst Ben Schachter highlighted:

HW and Used were better than expected, XB1 and PS4 grew y/y, and Used margin was at the... More

GameStop (GME) Tops Q1 EPS by 1c, Revenues Miss Slightly

May 31, 2018 4:07 PM UTC

GameStop (NYSE: GME) reported Q1 EPS of $0.38, $0.01 better than the analyst estimate of $0.37. Revenue for the quarter came in at $1.93 billion versus the consensus estimate of $1.96 billion.

GUIDANCE:

GameStop sees FY2018 EPS of $3.00-$3.35, versus the consensus of $3.11.

GameStop is... More