Is GameStop (GME) Stock a Buy Before Q2 Earnings on Tuesday?
TLDR
- GameStop reports Q2 2026 results after market close Tuesday, September 8
- Wall Street expects EPS of $0.27 and revenue of $756.85 million
- Net income projected at $290M-$310M, boosted by ~$238M in eBay investment gains
- Revenue expected at $780M-$800M, down from $972.2M a year ago
- Options market is pricing in a 7.31% move in either direction post-earnings
GameStop is set to report second-quarter 2026 results after the bell on Tuesday, September 8. GME stock closed at $19.16 on Friday, near its 52-week low of $17.79.
Wall Street is looking for adjusted EPS of $0.27 and revenue of $756.85 million. The company already released preliminary Q2 figures on August 31, so there are few big surprises expected.
Net income is projected between $290 million and $310 million. A big chunk of that comes from roughly $238 million in gains tied to GameStop’s eBay investment and derivative asset.
But that investment boost is partly offset by around $75 million in losses on digital assets and related receivables.
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