-
EA's Strong Quarter Overshadowed By 'Battlefield' Pushout
Wednesday, October 30, 2019 - 11:10am | 486Electronic Arts Inc. (NASDAQ: EA) turned in an unexpectedly strong second quarter with revenue and earnings beating expectations. But analysts' enthusiasm was limited by the company's unexpected decision to push the next title in its "Battlefield" franchise out a year to 2022,...
-
Leading The Way? Analysts Not Yet Ready To Buy Mattel Despite Earnings Beat, Stock Surge
Wednesday, October 30, 2019 - 9:02am | 748The post-Toys-R-Us toy market is thriving. Mattel Inc (NASDAQ: MAT) surged Wednesday after outperforming Street estimates in its third-quarter earnings report. The Earnings With help from Barbie and Hot Wheels, Mattel beat consensus estimates on sales, cost savings and earnings before interest, tax...
-
Analysts Remain Bullish On WWE, Cheer Early Ratings For 'Smackdown' On Fox
Friday, October 18, 2019 - 9:35am | 528World Wrestling Entertainment, Inc. (NYSE: WWE) shares are down 26.95% in the past six months as the stock’s TV renewal catalysts have faded and new competition has emerged. However, with the company’s third-quarter earnings report less than a week away, analysts remain bullish on WWE...
-
How WWE Could Further Monetize NXT Following TV Deal
Tuesday, August 20, 2019 - 2:55pm | 464World Wrestling Entertainment, Inc. (NYSE: WWE) shares traded higher by another 4% on Tuesday after the company announced a new TV deal for its NXT brand to air a two-hour weekly show on Wednesday nights. Ahead of the official announcement, one analyst said there’s plenty of upside remaining...
-
Analyst Roundup: Take-Two Jumps After Strong Q1 Beat, Record Engagement
Tuesday, August 6, 2019 - 1:20pm | 745Take-Two Interactive Software, Inc (NASDAQ: TTWO) stock was soaring Tuesday as analysts boosted price estimates in the wake of another big earnings beat and guidance that suggests the company thinks more wins are coming. The company reported higher net bookings and EPS 23 cents above the Street...
-
MKM Says WWE Network Update Could Be A Multi-Stage Initiative
Thursday, July 25, 2019 - 11:20am | 354The relaunch of World Wrestling Entertainment, Inc’s (NYSE: WWE) WWE Network is a positive for its direct-to-consumer service and may include a number of changes over time, according to MKM Partners. The Analyst MKM’s Eric Handler maintained a Buy rating on WWE with a price target...
-
MKM Positive On Video Gaming Industry, But 'Same-Old' Games Not Good Enough Anymore
Tuesday, June 11, 2019 - 1:03pm | 634The video game industry is rewarding new and different ideas rather than copycats, and those companies that can hit on the next new thing – the next “Fortnite”, for example, but not another “Fortnite” – will be the winners as the next generation gets going, MKM...
-
Street Mostly In The Game On EA After Strong Quarter, Bullish 2020 Outlook
Wednesday, May 8, 2019 - 12:25pm | 658“Apex Legends” helped Electronic Arts Inc. (NASDAQ: EA) to a strong fourth quarter that beat expectations, but it was a bullish 2020 outlook from the company that's keeping investors and sell-side analysts in the game. Strength from "Apex" and the company’s...
-
Bruised And Battered, But Not Broken: Wall Street Reacts To WWE's Earnings Miss
Friday, April 26, 2019 - 1:33pm | 592World Wrestling Entertainment, Inc (NYSE: WWE) stock traded lower by another 3.8 percent on Friday after the company reported a first-quarter earnings and revenue miss. The stock is now down 16.2 percent overall since Thursday's print. WWE reported a first-quarter EPS loss of 11 cents on...
-
Disney Soars As 'Avengers: Endgame' Is Already Setting Box Office Records
Friday, April 26, 2019 - 11:56am | 873Walt Disney Co (NYSE: DIS) stock shot to an all-time high Thursday as advance and opening night ticket sales for “Avengers: Endgame” set records leading to projections that the culmination of the Marvel Cinematic Universe could shatter opening weekend box office records. “We...
-
'Magic: The Gathering' Works Wonders For Hasbro
Wednesday, April 24, 2019 - 12:38pm | 724Hasbro, Inc. (NASDAQ: HAS) surprised Wall Street with a first-quarter earnings beat Tuesday, finding some magic in a new esports version of an old game, “Magic: The Gathering.” The beat helped convince sell-side analysts that the disruption caused by the Toys R Us closure is over...
-
Disney's 'Dumbo' Flies Off With Weekend Box Office, But Not Quite As High As Expected
Monday, April 1, 2019 - 9:38am | 432"Dumbo" didn’t fly quite as high as expected, but the big-eared elephant still managed to give Walt Disney Co. (NYSE: DIS) the biggest grossing film of the weekend as the new release beat out holdovers "Us" and "Captain Marvel." MKM Parntners Analyst Eric Handler...
-
4 Bullish Catalysts For WWE's Stock Following WrestleMania
Tuesday, March 26, 2019 - 12:17pm | 418WrestleMania 35 is less than two weeks away for World Wrestling Entertainment Inc (NYSE: WWE) and its investors, but one Wall Street analyst said WrestleMania is just the beginning of the bullish catalysts on the horizon for WWE. The Analyst MKM Partners analyst Eric Handler reiterated his Buy...
-
MKM, Wedbush Stay Bullish On Imax After Q4 Print
Wednesday, February 27, 2019 - 3:57pm | 519Imax Corp (NYSE: IMAX) reported a top-and-bottom line beat in its fourth-quarter report Tuesday, leaving at least two Street analysts bullish on the stock moving forward. The Analysts Wedbush's Michael Pachter maintains an Outperform rating on Imax with an unchanged $28 price target....
-
This Analyst Says Sony Should 'Think About' Acquiring IMAX
Wednesday, February 20, 2019 - 4:42pm | 382Sony Corp (NYSE: SNE) announced last week its own branded premium large-format theatrical system with the first screen location set to open April 1-4 during CinemaCon in Las Vegas. Instead of investing in its own new theater business, the company may be better off acquiring IMAX Corp (NYSE:...