GameStop Shares Gain 6% After Company Beats EPS Expectations

GameStop Corp. on Thursday said it earned $73.8 million, or 68 cents a share, in the first quarter, compared with $68 million, or 59 cents a share, a year ago. Revenue for the game retailer rose to $2.06 billion in the quarter from $1.99 billion a year ago. Same-store sales rose nearly 9% in the quarter, the company added. Analysts polled by FactSet had expected GameStop to report earnings of 61 cents a share on sales of $2.01 billion. Shares of GameStop rose 6% in after-hours trading, having ended the regular session up 3.7%.