Investing.com - GameStop Corp (NYSE:GME) reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
GameStop Corp announced earnings per share of $-0.35 on revenue of $1.14B. Analysts polled by Investing.com anticipated EPS of $-0.415 on revenue of $1.27B.
GameStop Corp shares are down 35.15% from the beginning of the year and are trading at $24.39 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
GameStop Corp shares gained 1.37% in after-hours trade the report.
GameStop Corp follows other major Consumer Discretionary sector earnings this month
GameStop Corp's report follows an earnings beat by Home Depot on August 16, who reported EPS of $5.05 on revenue of $43.79B, compared to forecasts EPS of $4.95 on revenue of $43.36B.
Lowe’s had beat expectations on August 17 with second quarter EPS of $4.67 on revenue of $27.48B, compared to forecast for EPS of $4.58 on revenue of $28.12B.
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