JUMP REPORT
GAMESTOP (GME)
EARNINGS RELEASE - SEPTEMBER 9 (AMC)
EARNINGS EXPECTATIONS:
THIS QTR: EPS: -1.13/share REV: 1,020/M
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NEXT QTR: EPS: -.68/share REV: 1,210/M
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FULL YR: EPS: -1.53/share REV: 5,760/M
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LAST QTR: EPS: -1.27/share ACTUAL: -1.61/share (MISS)
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BEAT/MISS RECORD: 62% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 11.49, 15.41, -20.43
EXPECTED JUMP MOVE THIS QUARTER: 15+%
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*** With market volatility at extremes there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before tradin
Links To Latest News and Headlines
These 3 stocks made significant moves on Thursday. We look at the reasons why and identify important chart levels to watch.
On December 6th, GameStop Corporation (NYSE: GME) missed revenue expectations but topped earnings estimates with its fiscal third quarter results as it continues to face intense competition from even the e-commerce titan, Amazon.com Inc (NASDAQ: AMZN), and other mass merchants to which it is losing market share. But once investors digested the results, GameStop shares shrugged off early declines. Third Quarter Highlights For the quarter ended on October 28th, GameStop reported revenue dropped 9%
Alphabet rises after Google’s launch of Gemini, its most advanced artificial intelligence software model.
GameStop (GME) posts weak sales results in third-quarter fiscal 2023 due to lower sales across all its categories.
GameStop shares [(GME)](https://www.wsj.com/market-data/quotes/GME) rose, shrugging off early declines, as investors digested quarterly results that included a 9% drop in quarterly sales and narrowing losses.
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Avg Daily Volume: 4,760,703 Market Cap: 298.54M
Sector: Services Short Interest: 244.51
Ticker delayed 20 minutes
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by Team Stockjumpers