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Analyst stands by 1.5 million Homefront sales prediction

Thursday, 17th March 2011 21:48 GMT By Brenna Hillier

Lizard Capital’s Colin Sebastian has stood firm by his prediction that Homefront will shift 1.5 million units by the end of the month.

“We remain comfortable with our F4Q estimate of 1.5 million units of Homefront, following the company’s announcement that first-day sales at retail hit 375k units in the U.S.,” Sebastian told Industry Gamers.

“We are also encouraged by the initial conversion of pre-orders to sales, despite some disappointing critic reviews.

“Looking ahead, word of mouth will become more important as gamers explore the online multi-player levels of the title. We note that Homefront also launches internationally this weekend.”

The financial quarter ends on March 31. Homefront launches in Europe tomorrow, on PC, PlayStation 3 and Xbox 360. Metacritic still has it in the low 70s, with the PS3 version ranked highest of the lot – just.

Poor reviews saw a panicked drop in THQ’s share price, but stock bounced back when Homefront’s US launch sales of 375,000 led to unexpected server demand.

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8 Comments

  1. Goliath

    The game is awful. I’ve seen early current gen games that looked and played better. All the advertising and hype for an incredibly mediocre product.

    #1 4 years ago
  2. DSB

    Bounced back is a serious overstatement.

    It’s regained roughly 20 cents per share of a 1 dollar and 6 cent loss.

    When Homefront launched THQ was trading around 5,40 per share, then it instantly dropped on release to 4,34 and now it’s at 4,50.

    That hardly constitutes a rally of any kind, that’s a small adjustment.

    #2 4 years ago
  3. The_Red

    I really think the THQ has overspend money on Homefront and I’m not talking about the developement budget. The insane marketing and putting ads everywhere all the time is not cheap.

    #3 4 years ago
  4. Heinekeno

    I will pass this game, as BF 1942 or BF2 are better than this generic CoD crap with vehicles.

    #4 4 years ago
  5. badboy_122

    they R trying to be like activision
    they wanna make profits , if you can recall the propaganda of black ops and modern warfare 2 & the one that will be made in modern warfare 3 :D
    it’s the same thing ,EA tried to do it with medal of honor and didn’t go so well but thq did it .. you gotta give’em credit 4 that

    but god I really hope they don’t turn into activision cause that would be SUCKS !!!!!

    #5 4 years ago
  6. monkeygourmet

    Maximum expenditure on a seemingly very average product…

    Bit of a strange move, well, at least the exclusive DLC cheque from Microsoft will help them re-coup abit.

    #6 4 years ago
  7. xino

    @1
    exactly!

    the story is engaging and more realistic.

    overall the game is garbage!

    I won’t bother trying online

    #7 4 years ago
  8. Lounds

    bit optermistic

    #8 4 years ago

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