Earnings To Watch: GameStop (GME) Studies This fall Outcomes TomorrowVideo sport retailer GameStop (NYSE:GME) might be saying earnings outcomes tomorrow afternoon. This is what you want to know.Final quarter GameStop reported revenues of $1.08 billion, down 9.1% yr on yr, lacking analyst expectations by 8.8%. It was a blended quarter for the corporate, with a powerful beat of analysts’ earnings estimates. However, its income sadly missed analysts’ expectations, pushed by worse-than-expected {hardware} and software program gross sales.Is GameStop purchase or promote heading into the earnings? Learn our full evaluation right here, it is free.This quarter analysts predict GameStop’s income to say no 7.9% yr on yr to $2.05 billion, an extra deceleration on the 1.2% year-over-year lower in income the corporate had recorded in the identical quarter final yr. Adjusted earnings are anticipated to come back in at $0.30 per share.GameStop Whole RevenueMajority of analysts masking the corporate have reconfirmed their estimates over the past thirty days, suggesting they’re anticipating the enterprise to remain the course heading into the earnings. The corporate missed Wall St’s income estimates 4 occasions over the past two years.Taking a look at GameStop’s friends within the specialty retail phase, a few of them have already reported This fall earnings outcomes, giving us a touch of what we will anticipate. Finest Purchase’s revenues decreased 0.6% yr on yr, beating analyst estimates by 0.6% and Ulta reported revenues up 10.2% yr on yr, exceeding estimates by 0.8%. Finest Purchase traded down 2.7% on the outcomes, and Ulta was down 3.5%.Learn our full evaluation of Finest Purchase’s outcomes right here and Ulta’s outcomes right here.Traders within the specialty retail phase have had regular fingers going into the earnings, with the shares up on common 0.7% over the past month. GameStop is up 8.8% throughout the identical time, and is heading into the earnings with analyst worth goal of $6, in comparison with share worth of $14.85.When an organization has extra cash than it is aware of what to do with, shopping for again its personal shares could make quite a lot of sense–so long as the value is correct. Fortunately, we’ve discovered one, a low-priced inventory that’s gushing free money movement AND shopping for again shares. Click on right here to say your Particular Free Report on a fallen angel progress story that’s already recovering from a setback.