THQ Raises Outlook
Stock quotes in this article:
THQ
Analysts had been expecting sales of $166.9 million and 18 cents a share.
For the fiscal year under way, excluding a stock-based compensation charge, THQ raised its earnings outlook to $1.20 a share from 95 cents to $1.05 on sales of about $1 billion. The company previously forecast revenue of $925 million to $975 million. Consensus was for earnings of $1.02 a share on revenue of $968.2 million on that basis. Shares of THQ were down 6 cents to $33.34 in afternoon trading. THQ expects to report its fiscal third-quarter results before market open on Feb. 2.- Loading Comments...
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