GameStop (NYSE:GME) will report earnings this Tuesday after market close. Last quarter, revenue missed expectations by 2.9%, down 16.9% year on year at $732.4 million. This quarter, revenue is expected to grow 3.1% to $823.2 million, with adjusted earnings of $0.16 per share. Analysts are optimistic, reconfirming estimates in the last 30 days. Peers like Best Buy and Ulta have already reported Q2 results, with revenue growth of 1.6% and 9.3% respectively. Positive sentiment in the specialty retail segment has driven up share prices 9.3% on average, with GameStop up 1.2%. Analyst price target is $13.50 compared to current price of $22.69.
Read more at Barchart: GameStop (GME) Q2 Earnings Report Preview: What To Look For
