GameStop (GME) Tops Q1 EPS View by 1c; Guides Q2, Q3, Reaffirms FY10 Outlook

May 20, 2010 8:32 AM EDT
GameStop (NYSE: GME) reports Q1 EPS of $0.48, 1 cent better than the analyst estimate of $0.47. Revenue for the quarter was $2.08 billion, which compares to the estimate of $2.03 billion.

Sees Q2 EPS of $0.25-$0.27, versus the consensus of $0.29. Sees comps down 2% to up 2%

Sees Q3 EPS of $0.38-$0.41.

Reaffirms FY10 outlook.

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Earnings, Guidance, Retail Sales