GameStop Corp. Earnings: What to Watch
Investors could hardly be less optimistic about GameStop's (NYSE: GME) upcoming earnings results. Shares are trailing the broader market by over 50 percentage points this year, the retailer's dividend yield is approaching double digits, and its stock is valued at less than five times the $353 million in profits it generated last year.
Numbers like these usually describe a business that's in deep retreat and bleeding cash. GameStop isn't near that point yet. In fact, sales are holding steady and its cash flow is on pace to easily cover its dividend.
Image source: Getty Images.
Source: Fool.com
Gamestop Corp. Stock
€22.74
0.070%
Currently there is a rather negative sentiment for Gamestop Corp. with 7 Buy predictions and 21 Sell predictions..
The target price of 5 € compared with the current price of 22.74 € for the stock indicates a negative potential of -78.01%.
