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Gaming Retailer Set to Post Third Quarter Earnings Monday

June 18, 2023
in Trade Tube
Reading Time: 1 min read
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TheStreet’s Jim Cramer is keeping an eye on GameStop (GME) Monday when the retailer releases it third quarter earnings results before the opening bell. Cramer says, ‘the last quarter for GameStop was fabulous and then there was some intra quarter shatter that maybe some games aren’t selling well and some hardware is not selling well. I think [CEO] Paul Raines will put on a good face but if this stock gets hammered you might want to buy it because then the dividend will be producing a fabulous yield. I think the company is doing a lot of good things away from games.’ Analysts are expecting GameStop to post earnings of $0.60 a share on $2.15 billion in revenue for the quarter.

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