Nintendo Co Ltd. (NTDOY)Analysts estimate 26m Wii, 550b Yen OP for Nin. this FY
WSBT - April 15, 2008
Submitted by starship (297)
at 5:32PM PST on April 15, 2008
While Tokyo's benchmark Nikkei Stock Average of 225 companies has fallen nearly 25 percent in the past two years, Nintendo's stock price has tripled. When the company reports earnings April 24 for the year ended March 31, the results are expected to show similarly strong growth in profit and revenue.
Analysts estimate Nintendo will sell an additional 26 million consoles in the current fiscal year as it increases production.