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Why GameStop Corp. Stock Dropped Today [The Motley Fool]

GAMESTOP (GME)  More Company Research Source: The Motley Fool
Last gamestop earnings: 3/28 04:05 pm Check Earnings Report
PDF The gaming products retailer plunged after releasing holiday-season results. Here's what investors need to know. Steve Symington ( TMFSymington ) Jan 12, 2018 at 4:23PM What happened Shares of  GameStop Corp.  ( NYSE:GME )  fell 11.1% on Monday after the gaming retailer announced mixed holiday-season results. More specifically, GameStop revealed that for the nine-week holiday period ended Dec. 30, 2017, sales climbed 10.6% year over year to $2.77 billion, including an 11.8% increase in total comparable-store sales. As such, it expects to deliver full-year adjusted earnings per share near the middle of its previously announced guidance for a range of $3.10 to $3.40 -- or roughly $3.25 per share. By comparison, however, analysts' consensus estimates predicted that GameStop would deliver full-year adjusted earnings above the midpoint of its guidanc [Read more]

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