GameStop Corp. Reports 7% Rise In Q4 Profit

(RTTNews) - GameStop Corp. (GME) reported earnings for its fourth quarter that rose compared to the same period last year.

The company said its bottom line climbed to $251.6 million, or $2.40 per share. This was up from $235.5 million, or $2.15 per share, in last year's fourth quarter.

Analysts had expected the company to earn $2.25 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 1.4% to $3.53 billion. This was up from $3.48 billion last year.

GameStop Corp. earnings at a glance:

-Earnings (Q4): $251.6 Mln. vs. $235.5 Mln. last year. -Earnings Growth (Y-o-Y): 6.8% -EPS (Q4): $2.40 vs. $2.15 last year. -EPS Growth (Y-o-Y): 11.6% -Analysts Estimate: $2.25 -Revenue (Q4): $3.53 Bln vs. $3.48 Bln last year. -Revenue Change (Y-o-Y): 1.4%