Dear Reader:

You are viewing a story from GN Version 5.0. Time may not have been kind to formatting, integrity of links, images, information, etc.

Analysts predict big revenue jump for Nintendo ahead of their 3 Months Earnings Release

Expect major results
by rawmeatcowboy
05 August 2020
GN Version 5.0

Nintendo will be sharing the results of their Three Months Earnings Release for the current fiscal year on Thursday morning (Wednesday night in the states), and it'll likely be quite impressive. While the official numbers haven't come in, a group of analysts have pooled their data and research to come up with the following projections.

- expected to post a 160% jump in first-quarter operating profit
- games like Animal Crossing: New Horizons look set to extend a decade-high earnings streak
- Nintendo is predicted to post an April-June profit surge at 71 billion yen ($670 million), compared to 27.4 billion yen a year earlier
- sales of Animal Crossing likely reached 8 million units in the quarter, with total sales for the title reaching 20 million units

[Link]