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GameStop (NYSE:GME) is anticipated to report earnings before the opening bell on November 17, 2011.

GameStop operates as a retailer of video game products and personal computer (PC) entertainment software. The company was founded in 1994 and is based in Grapevine, Texas. GME trades an average of 3.1 million shares per day.

52 Week High: $28.66

52 Week Low: $18.34

Book Value: $21.27

Float Short: 28.90%

Analysts are expecting an improvement of $0.17 in earnings per share compared to last quarter's results of $0.22. The estimated mean earnings are $0.39 per share. Analyst estimates range between $0.36 and $0.43 per share.

The current trailing twelve months (ttm) P/E ratio is 9.4 The forward P/E ratio is 8.5.

Looking at the price movement over the last month, the stock has moved higher in price 0.04%, and changing from last year at this time 19.29%.

Investors have been rewarded with an increase of year-over-year revenue. Revenue reported was $9.47 billion for 2011 vs. $9.08 billion for 2010. The bottom line has rising earnings year-over-year of $408.00 million for 2011 vs. $377.30 million for 2010. The company's earnings before income and taxes are rising with an EBIT year-over-year of $662.60 million for 2011 vs. $637.00 million for 2010.

Here is a look at the fiscal year revenue.

Click to enlarge

paid2trade.com revenue gross bar chart for GME

Gross reported revenue compared to the mean estimate (rounded).

Fiscal Quarter Ending Month-Year Revenue Estimates Actual $ Difference Difference %
Jul-11 $ 1.81 B $ 1.74 B $ -69.96 M -3.86%
Apr-11 $ 2.23 B $ 2.28 B $ 50.49 M 2.26%
Jan-11 $ 3.71 B $ 3.69 B $ -17.91 M -0.48%
Oct-10 $ 1.95 B $ 1.90 B $ -50.05 M -2.57%
Jul-10 $ 1.82 B $ 1.80 B $ -24.48 M -1.34%

M = millions, B = billions

Differences are rounded. (Some one-time items are often excluded in reported EPS.)

paid2trade.com Quarterly Estimates And Actual EPS results GME

Reported earnings per share compared to the mean estimate. Differences are rounded.

The total short interest number of shares for GME.

Click to enlarge

paid2trade.com short interest tool. The total short interest number of shares for GME

The number of days to cover short interest based on average daily trading volume for GME.

paid2trade.com number of days to cover short interest based on average daily trading volume for GME

Please feel free to share your thoughts and comments.

I use a proprietary blend of technical analysis, financial crowd behavior and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online and Yahoo Finance for most of my data. I use the "confirmed" symbols from earnings.com that I believe to be of the most interest.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Source: Earnings Preview: GameStop Reports Q3 Results Thursday

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