Quarterly results of companies in the week 05.06. - 09.06: GameStop, Nio, Casey's

Jason Bellier · June 2, 2023 · 2 min read

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

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.

Nio $NIO

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.

Casey's $CASY

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

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

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!

If you'd like to share this graphic, you can download it HERE.

Stocks mentioned

GME

NIO

CNM

CASY

The World’s Cheapest Markets? 4 ETFs for Asia

While investors today pay roughly 19 times expected earnings for U.S. stocks, there are exchanges in Asia where the same earnings cost less than half as much. But a low multiple alone does not mean a good deal. Some discounts reflect the peak of the semiconductor cycle, while others stem from the…

A Slightly Spoiled Soup. Why Did the Famous Company Have to Cut Its Dividend After a 67% Plunge?

Campbell's stock is near its lows after a year of declines, and screeners show a 6.8% yield. But in September, management cut the dividend for the first time since 2001, even though it had the cash to pay it. What will be left of that figure for someone buying today?