GME Earnings Beat: What's Next?

GameStop handily beat expectations on its Q4 2022 earnings results and closed up 35%. What's next for the stock? Is it time to buy meme stocks again?

avatarLMSunshine
2023-03-28

🤔Is it ⏰ To Buy GME After Its Positive Q4 2022 Earnings❓

GameStop reported its Q4 2022 earnings results on 21/3 (Tue) & it was the long awaited 🤗🥳📰 for shareholders❣️ ⭐️ Coming off the back of a strong quarter of hardware sales, GME beat both revenue & EPS expectations of Wall Street & Whisper Number👍👍 ⭐️ GME was able to post net sales of $2.23 billion, beating out Wall Street average estimates of $2.2 billion🥳 ⭐️ Wall Street & Whisper Number expectations expected GME to post losses on EPS, with Wall Street expecting an average loss of $0.13/share & Whisper Number expecting a loss of $0.20/share but GME actually put up gains of $0.16 per share🥳🥳 👍 Big contributors to GME’s successful Q4 2022 earnings results included hardware sales, which accounted for $1.24 billion of its overall net sales, or about 56% 👍 Collectibles were a
🤔Is it ⏰ To Buy GME After Its Positive Q4 2022 Earnings❓
avatarvic78
2023-03-27
Next earning session will be exciting👌👍👍
avatarOptionspuppy
2023-03-27
$GameStop(GME)$ rises with short squeeze and higher earning per share of 16 cents  Folks, we've got some big news in the stock market today. GameStop Corp (GME.N), the video game retailer that's been at the center of a whole lot of attention lately, just had its first profitable quarter in two years! And let me tell you, the bears are feeling the squeeze. The meme-stock frenzy that's been sweeping the nation lately, driven by small investors coordinating on social media, has sent GME.N soaring nearly 41% today. And that's not all – other stocks popular among retail traders are rallying too. Now, let me explain what's going on here. When short sellers bet against a stock and then demand for that stock rises, they start to panic and look to
avatarKok
2023-03-24
Meme stocks are dangerous, stay away
avatarA.111
2023-03-24
The odds remain stacked against GameStop, even with the unexpected profit the company reported earlier this week. That's because GameStop (GME), at its now much-higher stock price, is just as overvalued as it was before, if not more so. Its share price has been pushed higher in no small part by speculators who are attracted to the stock's lottery-type trading characteristics. Stocks with similar characteristics tend to underperform the market, on average.
avatarWadeKellogg
2023-03-22
$GameStop(GME)$ Even a visually impaired person can see what a great, excellent result GME has produced. You don't need to be a particle physicist for this.
avatarHueFin News
2023-03-23
Does Gamestop stock face critical time after reporting a profit in Q4? This GME stock prediction is raising alarm.Caution: Gamestop Stock Faces Critical Time Ahead? GME Stock Prediction Raises AlarmFrom Youtube: https://www.youtube.com/watch?v=Rf0sH0g1ZnE
Caution: Gamestop Stock Faces Critical Time Ahead? GME Stock Prediction Raises Alarm
avatarMrzorro
2023-03-23
GameStop Stock Had Its Best Day Since 2021. An Earnings Surprise Squeezed Shorts. GameStop didn't provide any financial forecasts after reporting a fourth-quarter profit. $GameStop(GME)$ rose 35% to $23.87 on Wednesday. Shares traded at $27 earlier in the session. The gain was GameStop's largest percentage increase since March 25, 2021, when it rose 53%, according to Dow Jones Market Data. On Tuesday evening, the company reported earnings of 16 cents a share, well above the loss of 16 cents a share Wall Street analysts were expecting. The report initially sent shares of $AMC Entertainment(AMC)$  and $Bed Bath & Beyond(BBBY)$ &nbs
avatarALLinOne
2023-03-23
$GameStop(GME)$$AMC Entertainment(AMC)$So I posted yesterday that I found John Wick 4 mediocre but I would like as many to see it as possible considering my view is in the minority and to support our company and ”apes” mass harassed me calling me a fake bull and a bot and a idiot, shill and many other slurs even though I’ve held AMC since late January 2021. I understand now why you have called us a cult, it’s much worse than that. These people are actively harassing shareholders, what is their goal? For us to get so angry that we sell AMC and buy GME instead? I think these so called hardcore apes are in fact the hedgies lackeys, kids or mentally unstable. They’re claiming to be part of a community yet they