what a dilemma. The only way to prevent this stock from taking at minimum 10% off, then slow walk to $16/sh by xmas, is to pull incomes out of their aszes. Lack of new income, Turbo was a writeoff loss-- disaster for both Q3 and Q4.
I am not sure what analysts are expecting, but full-year revenue is going to miss bad! I don't think DWA or the analysts were expecting any revenue from Turbo this quarter given the delayed worldwide release.
The interesting part of the earnings release will be the outlook and Q4 projections. I don't thinks DWA with see ANY revenue from Turbo. They may even want to take a write-down...ouch!
Here are my quick predictions for the upcoming quarter.
Box Office Revenue = $0 million (Turbo has not generated any revenue)
Prior Year Theatrical Release Revenue = $55 million (Prior Year releases includes Rise of the
Guardians and the Croods – Mainly DVD sales and TV Rights)
Preceding Year Theatrical Releases = $5.0 million (Would include Madagascar 3)
Library Revenue = $45.4 million (10% increase if adding Kung #$%$ Panda 2 to the Library)
Classic Media = $18.4 million (Classic Media revenue was $36.8 million for Q1-Q2 of 2013)
Other (Television Specials) = $7.1 million (Awesomeness TV & ODW intellectual property)
TOTAL Q3 PROJECTED REVENUE = $130.9 million
Total 2013 Projected Revenue = $623 million (OUCH!) w / Turbo write down (Double OUCH!)