THQ, Inc. First Quarter Earnings Sneak Peek

THQ, Inc. (NASDAQ:THQI) will unveil its latest earnings on Wednesday, July 27, 2011. THQ, Inc. is a worldwide developer and publisher of interactive entertainment software for all popular game systems.

THQ, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net loss of 59 cents per share, a wider loss from the year earlier quarter net loss of 25 cents. During the past three months, the average estimate has moved down from a loss of 9 cents. Between one and three months ago, the average estimate moved down and dropped from a loss of 55 cents during the last month. For the year, analysts are projecting net income of 14 cents per share, a swing from a loss of 37 cents last year.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 5 cents, reporting profit of 12 cents per share against a mean estimate of net income of 7 cents per share.

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Wall St. Revenue Expectations: On average, analysts predict $172.4 million in revenue this quarter, a rise of 7.6% from the year ago quarter. Analysts are forecasting total revenue of $955.2 million for the year, a rise of 19.1% from last year’s revenue of $802.3 million.

Analyst Ratings: Analysts seem relatively indifferent about THQ with 14 of 19 analysts surveyed maintaining a hold rating.

Key Stats:

Revenue has fallen in the past four quarters. Revenue declined 37.1% to $124.2 million in fourth quarter of the last fiscal year. The figure fell 11.8% in the third quarter of the last fiscal year from the year earlier, dropped 23.9% in second quarter of the last fiscal year from the year-ago quarter and 38.7% in the first quarter of the last fiscal year.

Competitors to Watch: Electronic Arts Inc. (NASDAQ:ERTS), Microsoft Corporation (NASDAQ:MSFT), Take-Two Interactive Software, Inc. (NASDAQ:TTWO), Activision Blizzard, Inc. (NASDAQ:ATVI), KONAMI CORPORATION (NYSE:KNM), Majesco Entertainment Co. (NASDAQ:COOL), The Walt Disney Company (NYSE:DIS) and Sony Corporation (NYSE:SNE).

Stock Price Performance: During April 26, 2011 to July 21, 2011, the stock price had fallen 87 cents (-21.3%) from $4.09 to $3.22. The stock price saw one of its best stretches over the last year between January 20, 2011 and January 27, 2011 when shares rose for six-straight days, rising 4.8% (+27 cents) over that span. It saw one of its worst periods between August 5, 2010 and August 13, 2010 when shares fell for seven-straight days, falling 30.1% (-$1.44) over that span. Shares are down $2.84 (-46.9%) year to date.

(Source: Xignite Financials)

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