GME Earnings Prediction
The chart below shows how GME performed 10 days before and after its earnings report, based on data from the past quarters. Typically, GME sees a -7.22% change in stock price 10 days leading up to the earnings, and a -3.41% change 10 days following the report. On the earnings day itself, the stock moves by -3.99%. This data can give you a slight idea of what to expect for the next quarter's release.
GME Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
2.25B
6.21%
73.83%
Gross Margin
16.78%
-20.62%
-31.71%
Operating Margin
-6.88%
-577.78%
-14.43%
Net Margin
-6.54%
-273.02%
-19.56%
EPS
-0.49
-258.06%
40.00%
No Data Available
GME Earnings Analysis
Gamestop Corp. Corporation (GME.N) Earnings Conference Call
Positive
Positive Point:
- GameStop produced net income of $48.2 million compared to a net loss of $147.5 million in the fourth quarter of 2021.
- SG&A was $453.4 million or 20.4% of sales compared to $538.9 million or 23.9% of sales in last year's fourth quarter, showing improved efficiency.
- GameStop finished the year with considerable cash on hand, negligible debt, and a solid balance sheet with cash, cash equivalents, and marketable securities totaling $1.39 billion.
- Cash flow provided by operations was $337.2 million in the fourth quarter, in contrast to an outflow of $110.3 million during the same period last year, demonstrating improved financial performance.
- Ended fiscal year 2022 with reduced inventory of $682.9 million compared to $915 million at the close of fiscal year 2021, reflecting streamlined operations and cost containment measures.
Negative
Negative:
- Net sales for the fourth quarter decreased to $2.226 billion compared to $2.254 billion in the same period last year.
- The Company reported a net loss of $313.1 million for the full year, down from a net loss of $381.3 million in fiscal year 2021.
- Despite efforts to cut costs and improve efficiency, SG&A expenses were at $453.4 million or 20.4% of sales, compared to $538.9 million or 23.9% of sales in the previous year's fourth quarter.
- The reduction in inventory from $915 million to $682.9 million from fiscal year 2021 to fiscal year 2022 reflects challenges in managing and optimizing product inventory levels.
