Baird Raises Price Target on GameStop (GME) to $54 Following 7c EPS Beat

GameStop's (GME) Guidance Seen as 'Conservative' - Pacfic Crest

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

Wedbush Raises Price Target on GameStop (GME) Following 2Q EPS Beat

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

GameStop (GME) PT Bumped to $57 at Piper Jaffray

August 28, 2015 7:21 AM EDT

Piper Jaffray analyst Michael Olson reiterated an Overweight rating while bumping estimates and his price target on GameStop (NYSE: GME) to $57.00 (from $56.00) amid a strong July quarter. The sees tailwinds of the video game cycle and new segments continuing.

Olson commented, "GameStop reported strong Q2 results with EPS of... More

Market Wrap: Revised Q2 GDP Outpaces; Icahn Gets Active on Freeport; Facebook Surpasses User Milestone

August 27, 2015 5:24 PM EDT

Market wrap for August 27th

End of the Day: S&P 500 up 47.2 to 1,987.66; Dow Jones up 369.3 to 16,654.77; Nasdaq up 115.2 to 4,812.71

Market Brief: Markets kicked-off Thursday's session with strong upside following solid, revised Q2 GDP results. The move followed a strong rally Wednesday after two bloody days on the Street. While trading cooled during the afternoon session, a late surge caused stocks to finish near session highs.

Pending home sales rose at a slower pace than... More

GameStop says new game launches to drive strong second-half growth

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

GameStop (GME) Tops Q2 EPS by 7c; Boosts FY15 EPS Outlook

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

Trading Radar for 8/26: Smuck (SJM), GameStop (GME), bebe stores (BEBE), Tiffany & Co. (TIF), Smith & Wesson (SWHC) Report

August 26, 2015 2:11 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

Initial Claims - Street sees 275kContinuing Claims - Street sees 2.249MGDP: 2nd Est. - Street sees 3.1%

Earnings:

1-800-FLOWERS.com (Nasdaq: FLWS) - consensus loss $0.14
Burlington Stores (NYSE: BURL) - consensus EPS $0.12
Destination Maternity (Nasdaq: DEST) - no... More