TheLastStarFighter said: The share price is holding fairly steady at around $14.50. As such, it looks like I'm holding through the quarter report and crossing the fingers for a return to operating profit to drive up the price. It doesn't look like a huge gain beforehand is coming, and I wouldn't expect a massive drop after the report with the Christmas season upon us. |
Market expectations: 43 million operating loss for Q2.
Hopefully Nintendo surprises with an operating profit.
I'm expecting a downward revision in Q3. Nintendo will most likely achieve an operating profit between 400-500 million by year-end, far away from their 1 Billion profit goal as of now.
Nonetheless, the important aspect to take away is that Nintendo will finally be back in the black.