GME - Jim Cramer Jokes About The 'Bright Side' Of GameStop Skipping Earnings Call After Stock Falls Nearly 17%: 'I Don't Have To Listen To...' | Benzinga
Jim Cramer, the host of CNBC’s “Mad Money,” took a jab at GameStop Corporation (NYSE:GME) for not holding an earnings call. This comes after the company reported its fourth-quarter financial results, which resulted in a nearly 17% drop in its stock price after trading hours.
What Happened: Cramer expressed his amusement at GameStop’s decision not to hold an earnings call, comparing it to Berkshire Hathaway’s approach. This was revealed in a tweet on Wednesday following the company’s Q4 results.
The bright side. I don't have to listen to a Gamestop conference call. They aren't doing one. Like Berkshire Hathaway! NOT — Jim Cramer (@jimcramer) March 27, 2024
GameStop’s Q4 net sales amounted to $1.794 billion, a decrease from the $2.226 billion reported the previous year. This figure fell short of the $2.05 billion consensus estimate. The company’s earnings per share for the quarter were 22 cents, missing the Street’s 29 ...