Avg Daily Volume: 3,924,479 Market Cap: 799.74M
Sector: Services Short Interest: 46.05
EARNINGS EXPECTATIONS:
THIS QTR: EPS: -.03/share REV: 1,640/M
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LAST QTR: EPS: 1.58/share ACTUAL: 1.60/share (BEAT)
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NEXT QTR: EPS: -.23/share REV: 1,370/M
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FY19: EPS: .06/share REV: 7,620/M
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*These are the base metrics we will be watching against the actual release numbers
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BEAT/MISS HISTORY: 66% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (3 QTRS %) -12.67, -12.50, -8.55
POTENTIAL JUMP MOVE: 12-15%
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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NOTE: There is a significant amount of data behind the scenes in getting to the analysis in the tab above. Too much information for traders only confuses things – so this is striped down to only what it needed to make the best possible decision(s) on trading the trajectory.