GameStop (GME) Underlying Trends Better Than Miss Shows - Sterne Agee CRT
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Industry Weakness Leads to EPS Miss for GameStop (GME); Wedbush Cuts Price Target to $45
November 24, 2015 7:53 AM ESTWedbush maintained an Outperform rating on GameStop (NYSE: GME), and cut the price target to $45.00 (from $55.00), following the company's 3Q earnings report. Halo 5 and Ubisofts Assassins Creed Syndicate underperformed expectations, and industry hardware sales did not accelerate after price cuts. Non-GAAP EPS... More
BofA/Merrill Lynch Downgrades GameStop (GME) to Neutral
November 24, 2015 7:18 AM ESTBofA/Merrill Lynch downgraded GameStop (NYSE: GME) from Buy to Neutral with a price target of $42.00.
For an analyst ratings summary and ratings history on GameStop click here. For more ratings news on GameStop click here.
Shares of GameStop closed at $37.61 yesterday.
... MoreGameStop's warning on EA's Star Wars game seen premature
November 23, 2015 7:57 PM ESTBy Sai Sachin R and Anya George Tharakan
(Reuters) - Electronic Arts Inc (NASDAQ: EA) has little to fear from retailer GameStop Corp's (NYSE: GME) warning about weak sales for EA's just-released "Star Wars" title, with analysts agreeing it was too early to predict its success or failure.
The videogame publisher's shares fell as much as 7 percent on Monday after GameStop said its sales of "Star Wars: Battlefront" were weaker than anticipated.
Analysts and one top investor in EA said it was premature to conclude... More
Slow Sales Drive 3Q Miss for GameStop (GME); Baird Cuts Price Target to $46
November 23, 2015 3:33 PM ESTBaird maintained an Outperform rating on GameStop (NYSE: GME), and cut the price target to $46.00 (from $54.00), following the company's 3Q earnings report. GME reported revenues and EPS of $2.01B and $0.54, respectively, below consensus expectations of $2.15B and $0.59. The miss was driven by soft next-gen... More
GameStop (GME) Comments on EA's (EA) 'Star Wars: Battlefront' Not Consistent - Macquarie
November 23, 2015 2:17 PM ESTElectronic Arts (NASDAQ: EA) is down nearly 6% today after video game retailer GameStop (NYSE: GME) said sales of Star Wars: Battlefront were below its initial expectations, which were already recently lowered. However, analyst Ben Schachter from Macquarie noted "a very abrupt change of tone about the Star Wars title as GMEs conference call progressed."
"While in the... More
GameStop (GME) Misses Q3 EPS by 5c; Guides Q4 EPS Below Expectations
November 23, 2015 8:31 AM EST(Updated - November 23, 2015 8:32 AM EST)
GameStop (NYSE: GME) reported Q3 EPS of $0.54, $0.05 worse than the analyst estimate of $0.59. Revenue for the quarter came in at $2.02 billion versus the consensus estimate of $2.15 billion.
Comps fell 1.1 percent.
GameStop reaffirmed FY2015... More
