.September 6, 2024 12:00:03 AM

GameStop is gearing up to release its quarterly earnings report on September 10, 2024, with analysts anticipating a downturn in performance. Revenue is expected to drop to $900 million from $1.16 billion year-over-year, while the net loss is projected to widen to $5.3 million. Despite these challenges, valuation metrics like the P/E and P/S ratios suggest investor optimism about GameStop’s future growth prospects. The company’s financial health will be closely monitored as it navigates the evolving retail and gaming landscape, especially amidst the meme stock phenomenon and market volatility.