NEW YORK (TheStreet) -- GameStop (GME) - Get Report stock is up 0.81% to $28.70 in afternoon trading on Tuesday before the video game and consumer electronics retailer reports its fiscal 2016 first quarter financial results on Thursday after the market close.

The Grapevine, TX-based company is expected to report a year-over-year decline in earnings per share and revenue.

Wall Street is anticipating earnings of 61 cents per share on revenue of $1.97 billion for the quarter ended April 30, according to analysts surveyed by Thomson Reuters.

Last year, GameStop posted a profit of 68 cents per share on revenue of $2.06 billion for the fiscal 2016 first quarter.

Comparable store sales could decline 7% to 9% for the first quarter, according to the company's guidance that was issued in March.

Separately, GameStop has a "hold" rating and a letter grade of C+ at TheStreet Ratings because of the company's growth in earnings per share, revenue growth and attractive valuation levels, which offsets generally disappointing stock performance and poor profit margins.

You can view the full analysis from the report here: GME

TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author.

Image placeholder title