Over $250 Billion in Bonds Are at Risk
Aaron Levitt
|
For investors, the wipe-out of CoCo bonds brings forth a variety of questions...
The company reported earnings of $244.1 million, or $2.23 per share, up from $220.5 million, or $1.89 per share, last year. Excluding special items, EPS was $2.15 – below analysts’ view of $2.17.
Revenue
Revenue declined 5.6% to $3.48 billion from $3.68 billion last year. Analysts expected to see revenue of $3.60 billion.
Outlook
Looking ahead, the company expects to see first quarter EPS between 53 and 60 cents. Analysts expect to see EPS of 66 cents. For FY2015, GME expects EPS to be between $3.60 and $3.80, which falls below analysts’ view of $4.04.
The retailer has struggled to keep up with the changing video game industry. GME has a large focus on re-selling pre-owned video games and consoles. As next-generation consoles are released, demand for used games has suffered.
Symbol | Mutual Fund | Stake |
---|---|---|
FDSTX | SunAmerica Focused Dividend Strategy | 5.86% |
FLPSX | Fidelity® Low-Priced Stock | 5.10% |
FLVCX | Fidelity® Leveraged Company Stock | 2.30% |
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Aaron Levitt
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For investors, the wipe-out of CoCo bonds brings forth a variety of questions...
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The company reported earnings of $244.1 million, or $2.23 per share, up from $220.5 million, or $1.89 per share, last year. Excluding special items, EPS was $2.15 – below analysts’ view of $2.17.
Revenue
Revenue declined 5.6% to $3.48 billion from $3.68 billion last year. Analysts expected to see revenue of $3.60 billion.
Outlook
Looking ahead, the company expects to see first quarter EPS between 53 and 60 cents. Analysts expect to see EPS of 66 cents. For FY2015, GME expects EPS to be between $3.60 and $3.80, which falls below analysts’ view of $4.04.
The retailer has struggled to keep up with the changing video game industry. GME has a large focus on re-selling pre-owned video games and consoles. As next-generation consoles are released, demand for used games has suffered.
Symbol | Mutual Fund | Stake |
---|---|---|
FDSTX | SunAmerica Focused Dividend Strategy | 5.86% |
FLPSX | Fidelity® Low-Priced Stock | 5.10% |
FLVCX | Fidelity® Leveraged Company Stock | 2.30% |
If you’ve enjoyed this article, sign up for the free MutualFunds.com newsletter; we’ll send you similar content weekly.
Receive email updates about best performers, news, CE accredited webcasts and more.
Aaron Levitt
|
For investors, the wipe-out of CoCo bonds brings forth a variety of questions...
Aaron Levitt
|
One of the biggest and most important positions of the bill deals with...
News
Markets have continued to rally these past two weeks, after the Federal Reserve...
Mutual Fund Education
Justin Kuepper
|
Let's take a closer look at how ESG investments have outperformed during the...
Mutual Fund Education
Daniel Cross
|
While CITs and mutual funds share many similarities, there are some key differences...
Mutual Fund Education
Sam Bourgi
|
The phrase ‘bear market’ has been thrown around a lot lately, but it...