Why GameStop Stock Rallies Ahead Of The Earnings Report
- Date: 09-Jun-2021
- Source: Yahoo News
- Sector:Financial Markets
- Country:Middle East
Why GameStop Stock Rallies Ahead Of The Earnings Report
GameStop Video 08.06.21.
Shares of GameStop gained strong upside momentum today as traders continued to push the stock higher ahead of the release of the company's first quarter fiscal 2021 earnings report. The report will be issued on Wednesday, June 9, 2021, after the market close.
Analysts expect that GameStop will report a loss of $0.83 per share. Earnings estimates for the full-year have actually trended down in recent months, and the market expects that GameStop will report a loss of $1.02 per share, which is projected to be followed by a loss of $0.59 per share in the next year.
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