Equity Profile

GME

GameStop Corp.

Consumer DiscretionaryComputer & Electronics Retail$9.8B

Jun9Tue

Pre-Earnings Brief

UpcomingQ1-2026After Close5:00 PM EDT

Company Snapshot

GameStop Corp. is a retail company that specializes in video games, consoles, and accessories....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a critical measure of profitability and will indicate how well the company is managing its costs and generating income.

Not available

Revenue Growth

Revenue growth will provide insight into how well GameStop is adapting to changes in the gaming market and consumer preferences.

Not available

Wall Street expectations, options signals, track record, and call prep available with Pro.

GME Q1-2026 Earnings Preview

Context

Company Snapshot

GameStop Corp. is a retail company that specializes in video games, consoles, and accessories. As a key player in the consumer discretionary sector, it has been navigating the evolving landscape of gaming and digital sales, which makes its performance significant for investors focused on consumer spending trends.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

50%

Avg EPS Surprise

+92.29%

Avg Stock Reaction

-6.02%

Last Quarter Recap

In the last quarter, GameStop reported an EPS of $0.49, which was a positive surprise compared to previous quarters. However, the stock experienced a slight decline the following day, indicating mixed investor sentiment.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall, expectations for GameStop's upcoming earnings are uncertain due to a lack of analyst estimates and management guidance. Investors are keenly watching for any signs of recovery or growth in revenue and profitability.

Bull Case

The optimistic view hinges on GameStop continuing its trend of positive EPS surprises, which could signal effective cost management and a rebound in sales as gaming trends shift back in its favor.

Bear Case

Conversely, the pessimistic outlook suggests that if GameStop fails to meet expectations or report a decline in revenue, it could face significant stock price pressure, especially given its volatile history.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will GameStop report an EPS above $0.49?

Given the company's recent history of EPS surprises, this figure will be crucial in determining market sentiment and stock performance.

What is the revenue trend compared to last quarter?

Understanding whether revenue is increasing or decreasing will provide insights into the company's market position and ability to adapt to consumer trends.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating GameStop's ability to capitalize on new gaming trends and digital sales, which could lead to stronger-than-expected revenue growth.

Supporting Evidence

GameStop has historically beaten EPS estimates 80% of the time, suggesting a potential for positive surprises.

The options market is pricing in a significant move, indicating that traders expect volatility that could favor a positive outcome.

Key Risk

If revenue growth shows a significant uptick, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The core debate this quarter revolves around GameStop's ability to maintain profitability amidst changing consumer preferences and market dynamics.

Bull Confirmed If

An EPS of $0.50 or higher would confirm the bull case, indicating strong cost management and sales performance.

Bear Confirmed If

An EPS below $0.40 would confirm the bear case, raising concerns about profitability and market competitiveness.

Pre-Earnings Positioning

Options Market

Implied Move

±8.22%

Historical Avg

±6.4%

Pricing rich

The options market is pricing in an 8.22% move, indicating that traders expect significant volatility around the earnings report.

Options are pricing ±8.2% while GME has averaged ±6.4% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.6%

30d HV

51.0%

Calls (4.6M)P/C Ratio: 0.40Puts (688K)

Edge

Insider Activity

Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.

Bought

$0.00

0 sh

0 insiders

Sold

$90,715.37

3,912 sh

1 insider

Net

$90,715.37

Net selling

Most Active Insiders· 1 open-market trade

General Counsel and SecretaryRobinson Mark Haymond
$90,715.37

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If GameStop beats expectations, history suggests the stock could rise by around 1.53% on the following day, confirming positive momentum.

In-Line / Cautious

An in-line report may lead to muted market reaction, as investors await further guidance or commentary from management.

Miss

If the company misses expectations, history suggests a potential drop of around 39.38%, reflecting investor disappointment.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any commentary on sales trends for new game releases.
2Updates on inventory management and supply chain issues.
3Insights into digital sales growth and e-commerce performance.
4Management's outlook on future gaming trends and consumer behavior.
5Any strategic initiatives aimed at improving profitability.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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Company Snapshot

GameStop Corp. is a retail company that specializes in video games, consoles, and accessories....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a critical measure of profitability and will indicate how well the company is managing its costs and generating income.

Not available

Revenue Growth

Revenue growth will provide insight into how well GameStop is adapting to changes in the gaming market and consumer preferences.

Not available

Wall Street expectations, options signals, track record, and call prep available with Pro.

GME Q1-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

50%

Avg EPS Surprise

+92.29%

Avg Stock Reaction

-6.02%

Last Quarter Recap

Management Promises & Guidance

Expectations

Wall Street Expectations

Bull Case

The optimistic view hinges on GameStop continuing its trend of positive EPS surprises, which could signal effective cost management and a rebound in sales as gaming trends shift back in its favor.

Bear Case

Expectations

Two Questions That Matter

The print will turn on these two things.

Will GameStop report an EPS above $0.49?

Given the company's recent history of EPS surprises, this figure will be crucial in determining market sentiment and stock performance.

What is the revenue trend compared to last quarter?

Understanding whether revenue is increasing or decreasing will provide insights into the company's market position and ability to adapt to consumer trends.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating GameStop's ability to capitalize on new gaming trends and digital sales, which could lead to stronger-than-expected revenue growth.

Supporting Evidence

GameStop has historically beaten EPS estimates 80% of the time, suggesting a potential for positive surprises.

The options market is pricing in a significant move, indicating that traders expect volatility that could favor a positive outcome.

Key Risk

If revenue growth shows a significant uptick, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The core debate this quarter revolves around GameStop's ability to maintain profitability amidst changing consumer preferences and market dynamics.

Bull Confirmed If

An EPS of $0.50 or higher would confirm the bull case, indicating strong cost management and sales performance.

Bear Confirmed If

An EPS below $0.40 would confirm the bear case, raising concerns about profitability and market competitiveness.

Pre-Earnings Positioning

Options Market

Implied Move

±8.22%

Historical Avg

±6.4%

Pricing rich

The options market is pricing in an 8.22% move, indicating that traders expect significant volatility around the earnings report.

Options are pricing ±8.2% while GME has averaged ±6.4% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.6%

30d HV

51.0%

Calls (4.6M)P/C Ratio: 0.40Puts (688K)

Edge

Insider Activity

Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.

Bought

$0.00

0 sh

0 insiders

Sold

$90,715.37

3,912 sh

1 insider

Net

$90,715.37

Net selling

Most Active Insiders· 1 open-market trade

General Counsel and SecretaryRobinson Mark Haymond
$90,715.37

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If GameStop beats expectations, history suggests the stock could rise by around 1.53% on the following day, confirming positive momentum.

In-Line / Cautious

An in-line report may lead to muted market reaction, as investors await further guidance or commentary from management.

Miss

If the company misses expectations, history suggests a potential drop of around 39.38%, reflecting investor disappointment.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any commentary on sales trends for new game releases.
2Updates on inventory management and supply chain issues.
3Insights into digital sales growth and e-commerce performance.
4Management's outlook on future gaming trends and consumer behavior.
5Any strategic initiatives aimed at improving profitability.