Johnson & Johnson Expected to Report $2.46 EPS on $24.16 Billion Revenue
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
- Johnson & Johnson Earnings Forecast: Wall Street anticipates Johnson & Johnson will report quarterly earnings of $2.46 per share on $24.16 billion in revenue before the market opens, with shares slipping 0.3% to $217.50 in after-hours trading, indicating cautious market sentiment.
- GameStop Stock Surge: GameStop shares rose 3.7% to $21.88 in after-hours trading after CEO Ryan Cohen disclosed the purchase of 500,000 additional shares at an average price of approximately $21.12, reflecting executive confidence in the company's future.
- Halliburton Earnings Expectations: Analysts expect Halliburton to post quarterly earnings of 55 cents per share on $5.41 billion in revenue before the market opens, with shares falling 0.2% to $32.01 in after-hours trading, suggesting cautious market expectations.
- Netflix Financial Results: Netflix reported better-than-expected fourth-quarter results, projecting first-quarter revenue of $12.16 billion, although the expected earnings per share of 76 cents fell short of the consensus estimate of 81 cents, leading to a 4.8% decline in after-hours trading to $82.84.
Analyst Views on GME
About GME
GameStop Corp. offers games and entertainment products through its stores and ecommerce platforms. The Company operates in four geographic segments: United States, Canada, Australia and Europe. Each segment consists primarily of retail operations, with the significant majority focused on games, entertainment products and technology. The Company has a total of approximately 3,203 stores across all of its segments: 2,325 in the United States, 193 in Canada, 374 in Australia, and 311 in Europe. Its stores and ecommerce sites operate primarily under the names GameStop, EB Games and Micromania. Its Australia and Europe segments also include 38 pop culture-themed stores selling collectibles, apparel, gadgets, electronics, toys and other retail products for technology enthusiasts and general consumers in international markets operating under the Zing Pop Culture brand. Its retail stores are generally located in strip centers, shopping malls and pedestrian areas.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
