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GameStop Corp (NYSE:GME) shares are trading higher Monday. The move comes as the broader markets show strength. The Nasdaq rose 1.10%, while the S&P 500 gained 1.16%.
Investors are focusing on GameStop’s fourth-quarter earnings. The company reports these results on Tuesday. Analysts estimate earnings per share (EPS) of 31 cents. Revenue expectations sit at $1.47 billion.
GameStop carries significant momentum into this report. The company has beaten EPS estimates in six consecutive quarters.
In the third quarter, it reported an EPS of 24 cents. This surpassed the 18-cent analyst estimate.
Full story available on Benzinga.com
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