What Do You Need to Know About GME Stock Ahead of Q3 Earnings?
GameStop is expected to report an earnings per share loss (EPS) of 18 cents in its fiscal Q3, per Nasdaq. If true, this would show a deterioration from the company’s Q2 EPS loss of 3 cents. This would put GME on track to record a 12 cent EPS loss for the year.
Analysts are, by and large, bearish on GME. Reasonably so, the once thriving retail video game shop has had little to keep the company afloat. In 2022, the company began transitioning away from its e-commerce branch, relying more heavily on its 4,400 physical stores to sell disc-based video games. Unfortunately, with downloadable games continuing to grow in popularity, GameStop is in a difficult position. $AMC Entertainment(AMC.US$ $GameStop(GME.US$
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102487453 : if it's eps is lost,how come the stock can be up 18% in 2 days?
5060 : fuck off clown
5060 : lies
Maxxdog 102487453: it's because he's a lying schill POS that works for hedges and is not allowed to speak truth... GME is up $1.1 billion this qtr
5060 : any time I see what you need to know is bull shit. Don't need someone to tell me what I need to know. fuck off op
MuscMoo Maxxdog: it's actually a moomoo/futu bot that scrapes reddit and reposts here for "engagement"