What To Expect From GameStop’s Earnings Today

GameStop
GME
Corp. is scheduled to report earnings after Wednesday’s close. The stock hit a split adjusted record high at $120.75/share in 2021 after its historic short squeeze and is currently trading near $19/share. The stock is prone to big moves after reporting earnings and can easily gap up if the numbers are strong. Conversely, if the numbers disappoint, the stock can easily gap down. To help you prepare, here is what the Street is expecting:

Earnings Preview

The company is expected to report a loss of (-$0.15)/share on $$1.14 billion in revenue. Meanwhile, the so-called Whisper number is a loss of (-$0.17)/share. The Whisper number is the Street’s unofficial view on earnings.