Top share Alert - (NYSE:GME) Beat Estimates, Shares Up

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GameStop Corp. (NYSE:GME) climbed 1.61% to $24.37 after it said Thursday its third-quarter net income rose 12% to $52.2 million, or 31 cents a share, from $46.7 million, or 28 cents a share in the year-ago period. Sales at the Grapevine, Texas video game retailer rose 8% to $1.83 billion. Wall Street analysts expected earnings of 30 cents a share and revenue of $1.75 billion, according to a survey by FactSet Research. GameStop repeated its outlook for fourth-quarter earnings of $1.47 to $1.65 a share. Analysts expect earnings of $1.57 a share.

GameStop Corp. (GameStop) is a retailer of video game products and personal computer (PC) entertainment software. The Company sells new and used video game hardware, video game software and accessories, as well as PC entertainment software, and related accessories and other merchandise.

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