GameStop (GME) Sees Q1 EPS of 54c; Comps Down 12.5%; Affirms FY12 Outlook
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Price: $18.17 +0.72%
EPS Growth %: -24.0%
Financial Fact:
Earnings before income tax expense: 84M
Today's EPS Names:
BTTX, VAXX, ELYS, More
EPS Growth %: -24.0%
Financial Fact:
Earnings before income tax expense: 84M
Today's EPS Names:
BTTX, VAXX, ELYS, More
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GameStop Corp. (NYSE: GME), confirmed its 2012 first quarter and full year earnings guidance.
GameStop is pre-announcing first quarter earnings per share results of $0.54 and same store sales of -12.5%, and reaffirming full year earnings per share guidance of $3.10 to $3.30. The company is outperforming the market in new video game product sales; however, first quarter same store sales results reflect light demand for “AAA” game launches and slower than expected store traffic during the quarter.
The Street is looking for Q1 EPS of 0.53 and FY12 EPS of $3.21.
GameStop is pre-announcing first quarter earnings per share results of $0.54 and same store sales of -12.5%, and reaffirming full year earnings per share guidance of $3.10 to $3.30. The company is outperforming the market in new video game product sales; however, first quarter same store sales results reflect light demand for “AAA” game launches and slower than expected store traffic during the quarter.
The Street is looking for Q1 EPS of 0.53 and FY12 EPS of $3.21.
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