Quarterly results of companies in the week 05.06. - 09.06: GameStop, Nio, Casey's
I can probably speak for everyone when I say that next week will not be about the results section, which is relatively empty. Of the main companies of interest here, we have GameStop, Nio and Casey's.
What do analysts expect from these companies?
GameStop $GME+1.1%
Analysts expect GameStop to post earnings of $-0.17 per share. This would indicate a year-over-year growth of 67.31%. It is projected to post net sales of $1.34 billion, down 2.68% from the previous year.
GameStop Corp.
GMENio $NIO-5.0%
The company is expected to report EPS of $-0.22, down 22.22% from the previous quarter. Meanwhile, revenue is expected to be $1.69 billion, up 8.22% from the previous quarter.
NIO
NIOCasey's $CASY+0.3%
According to Zacks Investment Research, based on 5 analysts' forecasts, the consensus EPS forecast for the quarter is $1.61. Reported earnings per share for the same quarter last year were $1.6. As for revenue, the forecast there is set at $3.44 billion, a slight increase from the previous quarter.
Core & Main $CNM-0.8%
According to Zacks Investment Research, based on 3 analysts' forecasts, the consensus EPS forecast for the quarter is $0.46. Reported earnings per share for the same quarter last year was $0.74 on modest revenue growth, which will be around $1.3-1.4 billion this time (quarterly decline).
Smartsheet $SMAR-1.7%
The company is expected to report earnings of $0.09 per share, reflecting a 147.37% year-on-year increase, while revenue is expected to grow slightly from the previous quarter (around $220m).
- Whose results are you interested in? Let me know in the comments!