shares plunged 13% in pre-market trading on Wednesday after the company's fourth-quarter earnings results fell short of analysts' estimates the evening prior. GameStop also said it will not offer annual earnings per share guidance to investors.
Given the planned cost savings and profit improvement initiative and the announcement of a new CEO starting on , the company is not providing annual earnings per share guidance at this time," the company said in a release.Adjusted earnings per share :
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
❤️❤️❤️
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Walgreens Cuts Earnings Guidance After a Challenging Second QuarterWalgreens Boots Alliance cut its earnings expectations for the fiscal year after the drugstore chain said it faced its most difficult quarter since the merger of Alliance Boots and Walgreens. Walgreens sells cheap overpriced crap big time. Are people just waking up to how bad this store is? But...RiteAid! I wonder if it's because there are Walgreens/CVS locations about every 100 yards in metro areas ?
Source: WSJ - 🏆 98. / 63 Read more »
Airline stocks jump after Delta raises first-quarter earnings guidance on strong demandDelta's shares jumped 4.6 percent while United and American rose 3.8 percent and 1.4 percent, respectively. Southwest Airlines, JetBlue, Spirit and Alaska Air Group were all trading higher Tuesday morning.
Source: CNBC - 🏆 12. / 72 Read more »
Huawei reports $8.8 billion in annual profit, despite US campaign against companyHuawei made bumper profits in 2018, but reported negative growth in its carrier business (the segment that provides telecommunications products to carriers around the world) -- a potential sign of strain in the face of a US-led campaign against the company Wasabi! 'US led campaign'? bruv this company has shady dealings with chinese govts...
Source: CNN - 🏆 4. / 95 Read more »