GameStop (GME) Reports In-Line Q3 EPS; Cuts FY11 Sales Outlook; Authorizes $500M Buyback
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Price: $21.08 -0.28%
EPS Growth %: -24.0%
Financial Fact:
Basic net income per common share: 0.49
Today's EPS Names:
CBRS, MAYS, CRMT, More
EPS Growth %: -24.0%
Financial Fact:
Basic net income per common share: 0.49
Today's EPS Names:
CBRS, MAYS, CRMT, More
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GameStop Corp. (NYSE: GME) reported Q3 EPS of $0.39, in-line with the analyst estimate of $0.39. Revenue for the quarter came in at $1.95 billion versus the consensus estimate of $1.96 billion.
GameStop Corp. sees Q4 2011 EPS of $1.66-$1.76, versus the consensus of $1.74.
Affirms FY11 EPS outlook, reduced its sales guidance from 4.5-6.5% to 2-3%, same-store sales from up 1-3% to down 1%-unchanged.
Also authorized a $500 million buyback program.
GameStop Corp. sees Q4 2011 EPS of $1.66-$1.76, versus the consensus of $1.74.
Affirms FY11 EPS outlook, reduced its sales guidance from 4.5-6.5% to 2-3%, same-store sales from up 1-3% to down 1%-unchanged.
Also authorized a $500 million buyback program.
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