Nintendo Co. (OTC:NTDOY) – Research analysts at Wedbush boosted their FY2018 EPS estimates for Nintendo in a report released on Monday. Wedbush analyst M. Pachter now expects that the company will earn $0.88 per share for the year, up from their prior forecast of $0.67. Wedbush also issued estimates for Nintendo’s Q4 2018 earnings at ($0.03) EPS, Q1 2019 earnings at $0.16 EPS, Q2 2019 earnings at $0.26 EPS, Q3 2019 earnings at $0.54 EPS, Q4 2019 earnings at $0.14 EPS and FY2019 earnings at $1.11 EPS.

Separately, CLSA lowered Nintendo from an “underperform” rating to a “sell” rating in a research note on Wednesday, October 25th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. Nintendo presently has a consensus rating of “Hold” and a consensus price target of $63.00.

TRADEMARK VIOLATION NOTICE: “Wedbush Weighs in on Nintendo Co.’s FY2018 Earnings (NTDOY)” was originally posted by American Banking News and is the sole property of of American Banking News. If you are accessing this article on another website, it was copied illegally and republished in violation of US and international copyright and trademark laws. The legal version of this article can be viewed at https://www.americanbankingnews.com/2017/11/02/wedbush-weighs-in-on-nintendo-co-s-fy2018-earnings-ntdoy.html.

About Nintendo

Earnings History and Estimates for Nintendo (OTC:NTDOY)

Receive News & Ratings for Nintendo Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nintendo Co. and related companies with MarketBeat.com's FREE daily email newsletter.