GameStop (GME) PT Bumped to $57 at Piper Jaffray
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August 28, 2015 11:29 AM EDT
Pacific Crest earlier maintained an Overweight rating on GameStop (NYSE: GME) with a price target of $48. Analyst Evan Wilson noted upside in Q2 and called guidance conservative.
"FQ2 upside was due to strength in the Accessories and Other categories. We are shifting some revenue out of FQ3... More
August 28, 2015 8:10 AM EDT
Wedbush reiterated an Outperform rating on GameStop (NYSE: GME), and raised the price target to $55.00 (from $52.00), following the company's 2Q15 earnings results. Sales totaled $1.76 billion, compared with consensus of $1.74 billion. Non-GAAP EPS was $0.31, compared with consensus of $0.25, and guidance of $0.21 0.25. Management raised full year EPS... More
August 28, 2015 7:45 AM EDT
Baird reiterated an Outperform rating on GameStop (NYSE: GME), and raised the price target to $54.00 (from $50.00), following the company's 2Q15 earnings report. GameStop reported Q2 revenues of $1.76B above consensus estimate of $1.73B. EPS of $0.31 beat consensus by 7c. Full-year CSS and EPS midpoints were... More
August 27, 2015 5:21 PM EDT
By Lehar Maan
(Reuters) - GameStop Corp (NYSE: GME) said it expected robust revenue growth in the second half, helped by a strong slate of video game releases and growth in its mobile and consumer electronics businesses.
The world's largest retailer of video games and related products said on Thursday it expected its fourth quarter to be particularly strong as highly-awaited games such as "Star Wars: Battlefront" and "Fallout 4" are scheduled for launch.
However, the... More
August 27, 2015 4:07 PM EDT
GameStop (NYSE: GME) reported Q2 EPS of $0.31, $0.07 better than the analyst estimate of $0.24. Revenue for the quarter came in at $1.76 billion versus the consensus estimate of $1.73 billion.
Comps rose 8.1%.
GameStop sees Q3 2015 EPS of $0.53-$0.60, versus the consensus of $0.59.
GameStop sees... More
