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GameStop Corp. Message Board

  • varchild2010 varchild2010 Nov 18, 2011 8:51 AM Flag

    1st Quarter 2013 est. 61 cents

    61 cents EPS for the Q1 2013 (which translates to Q1 2012 for those shorting the stock).

    That's expectations of at least a nickel over Q1 2012 (which translates to Q1 2011 for those shorting the stock).

    Those aren't estimates one would expect if one thought the slip in INCOME/PROFIT in Q3 of this year was some kind of turning point or something.

    Those are estimates from analysts that recognize that Q4 2011 is very strong and Q1 2013 will surely benefit from the constant release of AAAA titles.

    Not to mention the quick expansion internationally of the electronics trade-in.

    If Electronics, Tablets + Smartphones, are a good thing for Best Buy....which they have been....Then they are certainly a good thing for Gamestop.

    The reality is there still aren't a whole lot of retailers pushing Tablets and Smartphones as compared to the International Growth in Sales for these products.

    So I do not yet see Gamestop heading into this business as some kind of "Over Saturation" of the market. At least not yet.

    Oh and as long as GAMESTOP can at least show growth in REVENUES during a WEAK Summer/Fall season then that bodes well for the pre-owned line of business.

    I seriously don't see the massive "SHORT EVERYTHING" mentality being the least bit justified.

    AMAZON should be at $40 a share if it made sense to slam a stock down hard despite Revenue Growth. Amazon missed on INCOME/PROFIT expectations far far far far worse than Gamestop.

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