GameStop (GME) Reports Q1 Loss, Misses Revenue Estimates

GameStop (GME) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to loss of $0.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -20%. A quarter ago, it was expected that this video game retailer would post earnings of $0.25 per share when it actually produced earnings of $0.22, delivering a surprise of -12%.Over the last four quarters, the company has surp ...