GME earnings are being released on June 1 2022, after market close.
Conversely, GME historically misses earnings 4 0% of the time, with an average miss of 25.97%.
By taking a (60% for earnings beats, and 40% for earnings misses) of the average gains/losses we can arrive at an estimate of how much GME will beat (or miss) their earnings by. GME has a weighted average EPS beat of By adding these weighted averages together we arrive at an estimated earnings weighted average of 28.05 %, and a weighted average EPS miss of 10.40%. Adding these together, we arrive at an estimated earnings beat of 17.65%.
Applying this to their earnings estimate we can expect GME to beat their EPS estimate by 17.65% which would result in a reported EPS of -$1.04 (versus their estimated EPS of -$1.22)
Originally published at https://utradea.com.
