GameStop stock surges 11% after Q4 earnings beat expectations, but revenue declines, caution advised.

From Zacks Investment Research: 2025-03-26 20:02:00

GameStop shares surged 11% after crushing Q4 earnings expectations. The company reported net income of $131.3 million or $0.30 per share, beating EPS estimates of $0.09. Despite missing sales estimates at $1.28 billion, down from $1.79 billion, GameStop’s earnings spiked from $63.1 million in the prior year. The company’s annual earnings rose to $0.33 per share, but revenue declined to $3.82 billion from $5.27 billion. GameStop’s cash pile has grown to $4.75 billion, prompting an interest in Bitcoin investment. However, with declining revenue, investors remain cautious about chasing the stock’s recent rally.



Read more at Zacks Investment Research: Should Investors Chase the Rally in GameStop (GME) Stock After Q4 Earnings? – March 26, 2025