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The_Villa: <a href="http://www.vg247.com/2010/02/09/rockstar-confirms-la-noire-for-fall/comment-page-1/#comment-146520">&ldquo;@onlineatron Well, everyone makes mistakes. VG247 Awar&hellip;&rdquo;
onlineatron: <a href="http://www.vg247.com/2010/02/09/rockstar-confirms-la-noire-for-fall/comment-page-1/#comment-146518">&ldquo;@Villa I can't accept that award as It's bugging me so mu&hellip;&rdquo;
DaMan: <a href="http://www.vg247.com/2010/02/09/rockstar-confirms-la-noire-for-fall/comment-page-1/#comment-146517">&ldquo;lairs, PC keyboard is clearly superior. especially for Devil&hellip;&rdquo;
The_Villa: <a href="http://www.vg247.com/2010/02/09/rockstar-confirms-la-noire-for-fall/comment-page-1/#comment-146515">&ldquo;VG247 Award for best phrase including profanity: Oh dear�&hellip;&rdquo;
DaMan: <a href="http://www.vg247.com/2010/02/09/rockstar-confirms-la-noire-for-fall/comment-page-1/#comment-146513">&ldquo;I admit the 360 gamepad's triggers are nice. but other than&hellip;&rdquo;

Pachter: Nintendo has over-performed in its first quarter

July 29th, 2008 @ 07:12
By Patrick Garratt

Wedbush Morgan’s Michael Pachter’s issued a note saying he believes Nintendo will show Q1 figures far in excess of estimates tomorrow.

“We expect the company to report results above our estimates for revenue of ¥421 billion and EPS of ¥571 due to very strong hardware sales and better than expected exchange rates, compared to consensus for revenue of ¥400 billion and EPS of ¥623,” said the analyst.

“We expect the company to raise its FY:09 guidance (currently for revenue of ¥1,800 billion, operating income of ¥530 billion, net income of ¥325 billion, and EPS of ¥2,541). This compares with consensus expectations for revenue of ¥1,907 billion, operating income of ¥598 billion, and EPS of ¥2,938.”

WM’s currently listing the Wii-maker as “buy,” saying, “Nintendo’s recent financial performance has been spectacular and we expect this to continue in FY:09.”

Posted in: DS, Financials, Japan, Nintendo, Trade, Wii