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Nintendo Sells Record 735,000 Switch Consoles In October
Friday, November 13, 2020 - 8:22am | 462Read More...Nintendo Co Ltd (OTC: NTDOY) sold more than 735,000 units of Switch and Switch lite consoles collectively in the U.S in October. It was the second-highest October month of any video game console sales after the 807,000 unit sales of Wii System in 2008, Engadget reported. According to...
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GameStop Is Still A Buy At Loop Capital
Thursday, June 1, 2017 - 10:18am | 462Read More...Video game retailer GameStop Corp. (NYSE: GME) hosted a series of meetings with institutional investors on Wednesday. Loop Capital Markets' Anthony Chukumba tagged along and offered his observations in a research report. Chukumba maintains a Buy rating and $28 price target on GameStop's...
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GameStop's CEO: Sales Rose 100% At Stores Associated With Pokémon GO
Monday, July 18, 2016 - 2:17pm | 314Read More...Pokémon GO, Nintendo Co., Ltd (ADR) (OTC: NTDOY)'s newest mobile game hit, has retailers curious how they can best position themselves to profit from the game. At least one retailer may have found the answer. Speaking to CNBC on Monday, GameStop Corp. (NYSE: GME)'s CEO J. Paul Raines revealed an...
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GameStop Shares Plunge To New 52-Week Low Following Narrowed Outlook
Tuesday, January 12, 2016 - 11:19am | 184Read More...Shares of GameStop Corp. (NYSE: GME) plunged by more than 8 percent and hit a new 52-week low of $26.31 after the company narrowed its earnings and same-store sales outlook for both the fourth quarter and full fiscal year 2015. GameStop now expects to earn $2.19 to $2.25 per share in the fourth...
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What Michael Pachter Is Watching In The Video Game Space
Tuesday, September 8, 2015 - 4:50pm | 283Read More...Michael Pachter of Wedbush is one of Wall Street's leading authorities on the video game space. In a report published Tuesday, Pachter previewed Thursday's NPD release which he expects to show August's console/handheld software sales falling 5 percent year-over-year to $220 million. That marks the...
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Evan Wilson Offers Video Game Update, Offers Takeaways From GameStop Expo
Thursday, September 3, 2015 - 10:50am | 395Read More...Evan Wilson of Pacific Crest attended GameStop Corp. (NYSE: GME) exposition on Wednesday in which he observed "plenty of buzz and excitement" around the upcoming video game release slate. Wilson said that the exposition reinforced his prior thesis that 2015 will be the year when...
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Analysts Agree: Activision Has Clear Upside
Tuesday, August 4, 2015 - 11:29am | 476Read More...Activision Blizzard, Inc. (NASDAQ: ATVI) is scheduled to report its second-quarter results after Tuesday's market close. The Estimize community (based on 30 estimates) is expecting the company to earn $0.11 per share on revenue of $675.84 million. The Wall Street's consensus estimate is...
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BB&T Discusses GameStop's Beat And Raise
Monday, June 1, 2015 - 11:30am | 364Read More...In a report published Friday, BB&T Capital Markets analyst Anthony Chukumba reviewed GameStop Corp. (NYSE: GME)'s first quarter "beat and raise" print. "We were particularly impressed by GameStop's new video game software sales growth, which was the strongest since...
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So… Does Wall Street Like GameStop Now?
Friday, May 29, 2015 - 11:12am | 611Read More...Shares of GameStop Corp. (NYSE: GME) were surging 8 percent Friday morning after the company reported a better-than-expected first quarter earnings on Thursday. Here are what three of Wall Street's top analysts have to say. Wedbush: There Is Little Critical That Can Be Said Michael...
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SunTrust Answers What's Coming For GameStop In Its Q4 Report
Thursday, March 26, 2015 - 12:02pm | 232Read More...In a report published Tuesday, SunTrust Robinson Humphrey analyst David Magee previewed GameStop Corp.'s (NYSE: GME) fourth quarter results, which are scheduled to be released Thursday after market close. Magee estimated GameStop will earn $2.16 per share in the quarter, representing a 13 percent...
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Brean Capital Comments On November NPD Retail Video Game Data
Friday, December 12, 2014 - 11:21am | 198Read More...Todd Mitchell of Brean Capital commented in a note on Friday that November's NPD data that showed total retail video game industry sales declining 12 percent in November to $2.4 billion was better than the 18 percent decline projected. Mitchell notes that upside to estimates came from just over $1....
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3 Reasons Video Game Sales Will Decline In 2019
Friday, July 25, 2014 - 4:11pm | 979Read More...Domestic video game sales increased in May and June, but the upward trend could come to an end in 2019. Eva Hunyadi, a research analyst at Juniper Research, recently authored a report about the future of video games. While Hunyadi is optimistic about present-day sales, she is concerned about...
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Market Wrap For January 17: Stocks Finish Week With Mixed Results
Friday, January 17, 2014 - 5:40pm | 2758Read More...Stocks traded mostly lower today as investors digested a new set of earnings that were disappointing. A mixed housing data and a consumer sentiment coming in lower than expected was enough to tame the bulls as major indices finished the day mixed. Markets will be closed on Monday for Martin...
