GameStop Reports Third Quarter Fiscal 2018 Results and Updates Fiscal 2018 Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
GameStop (GME) PT Lowered to $9 at Benchmark
November 30, 2018 7:36 AM ESTBenchmark analyst Mike Hickey lowered the price target on GameStop (NYSE: GME) to $9.00 (from $10.00) while maintaining a Sell rating.
Hickey commented, "Unsurprisingly, GME reduced its FY18 earnings view by 17% after weaker than anticipated new/used software sales, higher promotional expenses and a mix shift... More
GameStop (GME) Tops Q3 EPS by 10c, Revenues Beat, Comp. Sales Up 1.4%; Offers FY18 EPS Outlook Below Consensus
November 29, 2018 4:09 PM ESTGameStop (NYSE: GME) reported Q3 EPS of $0.67, $0.10 better than the analyst estimate of $0.57. Revenue for the quarter came in at $2.08 billion versus the consensus estimate of $2.03 billion.
Rob Lloyd, chief operating officer and chief financial officer, said, We experienced solid growth in the third quarter, including double-digit growth across software, hardware, accessories and collectibles, underscoring GameStops leadership position in video games... More
