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Investing.com - GameStop Corp 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 EPS of $-0.415 on revenue of $1.27B.
GameStop Corp 's are down 35.15% and is trading at $24.39 , still down 62.36% from its 52 week high of $63.92 set on Wednesday, November 3, 2021.
GameStop Corp shares gained 1.37% to trade at $24.39 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 Tuesday, August 16, 2022, who reported EPS of $5.05 on revenue of $43.79B, EPS of $4.95 on revenue of $43.36B.
Lowe’s had beat expectations on Wednesday, August 17, 2022 with second quarter EPS of $4.67 on revenue of $27.48B, for EPS of $4.58 on revenue of $28.12B.
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