Retailer GameStop Corp <GME.N> on Thursday posted better-than-expected quarterly results and upbeat outlook, sending its shares higher amid optimism that a long video game industry slump may be over.

We can attribute Wall Street's profitability outlook for GameStop to the company's unexpected third-quarter (Q3) performance. Despite market expectations of an 8 cent loss per share, GameStop ...

In the latest trading session, GameStop (GME) closed at $23.96, marking a -1.24% move from the previous day. This change lagged the S&P 500's daily gain of 0.78%. Elsewhere, the Dow saw an upswing of ...

In a strategic repositioning, the GameStop CEO hints at a willingness to accept cryptocurrency in exchange of trading ...

Key Takeaways GameStop posted a surprise profit but continues to lose revenue in core retail.The company is shifting into ...

GameStop Corp <GME.N> posted on Thursday a better-than-expected seven-fold jump in quarterly profit and raised its full-year outlook on strong sales of games like "Guitar Hero II" and "NCAA ...

GameStop’s Q1 results do nothing to change the analysts’ outlook, which is bearish to say the least. MarketBeat tracks only a single rating, pegged at Sell, with a price target of $13.50 .

GameStop's Q4 Outlook. ... The primary catalyst for the shift in GameStop's profitability outlook in the fourth fiscal quarter stems from the company's unexpected performance in Q3.

GameStop (NYSE:GME) shares edged higher following its Q3 release, but so what? ... The business margin is still poor, and there are risks to the profit outlook.

Consequently, GameStop's net loss significantly decreased from $108.7 million in the previous year's quarter to $2.8 million in the current quarter, signifying an enhanced profitability outlook.

GameStop's gross profit margin contracted by -4.2 percentage points YoY from 25.9% in Q1 FY 2021 to 21.7% in Q1 FY 2022. ... In other words, the business outlook for GameStop is negative, ...

GameStop's epic short-squeeze rally is not changing Bank of America's mind on its long-term outlook. The bank reiterated its Underperform rating on the stock, but increased its price target to $10 ...