GameStop (GME) will report its Q1 results after today's closing bell, conference call is set for 17:00pm EST.

The Capital IQ consensus expects the electronics retailer to report a loss of $0.84 per share, up from a loss of $1.61 one yr ago. Revenue is expected to show a 13.8% yr/yr increase to $1.16 bln.

Likely the most polar stock in the market, GameStop is set to report their earnings today after the bell. The Wall Street Journal reported that the company is set to announce that Chewy (CHWY) co-founder, and ice cream cone savant, Ryan Cohen will become GameStop's new chairman.

Fanboys and apes alike will look for any commentary about the company's strategic partnership with Microsoft (MSFT). Any insight there, or in the NFT/Crypto space can bolster their already exuberantly bullish outlook on world domination.

TECHS:

The stock has respected a fairly narrow range since the release of its Q4 results in late March, though recent days have seen an increased interest in meme stocks like GME.

GameStop has a $21.2 bln market cap and trades at 3.8x sales, that represents a significant premium to “competitor” Best Buy (BBY).

If you liked this content please click the ❤️ below and/or share this post.

SHAMLESS PLUGS

CLICK HERE TO CHECK OUT MY 2021 PREVIEW OPINION PACKET. OVER 80 PAGES OF CONTENT AND INFORMATION AVAILABLE HERE.

TOTALLY FREE Trading Packet!

Click here to get my packet that shows you how I traded $600 into $100K FOR FREE.

This packet will explain to you in depth how I trade and how I manage my risk.

I am happy to share this. Just use the code KPAKFRAUD at checkout and you will get it TOTALLY FREE. You will pay absolutely nothing.

Check out the latest episodes on my YouTube above and SoundCloud channel below.