GameStop (GME) Misses Q3 EPS by 60c, Cuts FY Guidance

GameStop (NYSE: GME) reported Q3 EPS of ($0.49), $0.60 worse than the analyst estimate of $0.11. Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.62 billion.

GUIDANCE:

GameStop sees FY2019 EPS of $0.10-$0.20, versus the consensus of $1.21.

• Comparable Store Sales A decline in the high-teens
• Adjusted (Non-GAAP) Earnings Per Share (diluted)* $0.10 to $0.20
• Capital Expenditures $80 million to $85 million

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

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