Benchmark Reporting $185 Million 2011E Cash Flow For GSI Commerce

In a report published by Benchmark, GSI Commerce (NASDAQ: GSIC) is seeing $185 Million 2011E Cash Flow.

Benchmark said that, “Shares of GSI Commerce (GSIC-Buy, PT from $28 to $27) have fallen 16%, versus the NASDAQ composite falling 4%, since reporting 4Q10 results on February 9 reflecting the NFL lockout, delayed cash flow contribution from Rue La La, the pending Fanatics acquisition and costs of a technology platform upgrade. We lower estimates to reflect some NFL lockout interruption.”

GSI Commerce closed yesterday at $18.67.