Wedbush Weighs in on GameStop Corp.'s Q4 2024 Earnings.
$GameStop(GME.US$ $AMC Entertainment(AMC.US$ GameStop Investment analysts at Wedbush boosted their Q4 2024 EPS estimates for shares of GameStop in a research note issued on Thursday, June 2nd. Wedbush analyst M. Pachter now forecasts that the company will earn $0.32 per share for the quarter, up from their prior forecast of $0.29.
Wedbush has a "Underperform" rating and a $30.00 price objective on the stock. GameStop last issued its quarterly earnings data on Wednesday, June 1st. The company reported ($2.08) EPS for the quarter, missing analysts' consensus estimates of ($1.45) by ($0.63). The firm had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.32 billion. GameStop had a negative return on equity of 27.61% and a negative net margin of 7.73%.
Separately, Zacks Investment Research raised shares of GameStop from a "strong sell" rating to a "hold" rating and set a $97.00 target price on the stock in a research note on Wednesday, May 18th.
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