Gaming Industry Performance
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Nintendo Co., Ltd. (OTC:NTDOY) Surpasses Earnings Expectations
Financial Modeling Prepยท 2025-11-04 14:04
Core Insights - Nintendo reported earnings per share of $0.57, significantly surpassing the estimated $0.08, and revenue of approximately $3.42 billion, exceeding the estimated $3.08 billion [2][6] - The company anticipates a 93% increase in fiscal-year revenue and a 25.5% rise in net profit, largely due to the expected success of the Switch 2 console [2][3][6] - Nintendo has increased its sales forecast for the Switch 2 to 19 million units for the fiscal year ending March 2026, up from the previous forecast of 15 million units [3] - The operating profit forecast has been increased by 16%, projecting it to reach 370 billion yen (approximately $2.45 billion) for the financial year ending in March 2026 [4] - Financial metrics indicate strong investor confidence, with a price-to-earnings (P/E) ratio of approximately 52.67 and a current ratio of about 4.06 [5][6]