Earnings Preview : Q2 2024 Is Shaping Up To Be An Important Quarter For GameStop ($GME)

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Don't miss out on Tuesday 10th September 2024, when GameStop (NYSE: GME) will disclose its second quarter financial results after market close. Investors will have the chance to learn more about the company's performance during the quarter.

According to the forecasts of financial experts on Wall Street, the organization is poised to announce an anticipated per share $0.08 loss for the quarter. Furthermore, the firm is expected to disclose a total revenue of $895.67 million for this specific period.

During the equivalent quarter of the preceding year, the company's financial report highlighted a per-share loss of $0.03. This significant amount was the outcome of the company's total revenue, which reached an impressive $1.16 billion during that particular timeframe.

Wall Street analysts have shared their forecasts for the company's annual performance, predicting a total revenue of $4.25 billion. Additionally, they expect the company to post loss of $0.1 per share for the fiscal year.

During Monday's trading, GameStop (GME) shares reached a low of $23.16 and a high of $25.02, along with a total volume of 13.84 million shares. The stock ended the regular trading session at $24.25, marking a rise of 1.38 percent.