Shares in this article
Video game retailer GameStop made $ 1.34 per share in the fourth quarter. This represents an improvement compared to the previous year’s value of US $ 1.27 per share. Analysts had previously assumed an average earnings per share of USD 1.35.
Revenue for the last quarter of the year was $ 2.11 billion after $ 2.19 billion a year ago and analyst estimates of $ 2.21 billion.
For the full year, the company wrote deep red numbers, the loss per share was 2.14 US dollars – experts had previously forecast a minus of -2.173 US dollars per share, after 0.220 US dollars in profit had been in the books in the previous year. Revenue for full-year 2020 was $ 5.1 billion, below analyst estimates of $ 5.18 billion compared to $ 6.47 billion in the previous period.
GameStop shares rose 1.95 percent to $ 184.45 after the hours on the NYSE.
Finanzen.net editorial team
More news about GameStop Corp.
Image sources: Sergej Lebedev / Shutterstock.com, Casimiro PT / Shutterstock.com
[ source link ]
Balance sheet presentation GameStop balance drama start year mixed GameStop shares resilient message