Wall-E: Box Office Gold, Lackluster Video Game (THQI)

Wall-E the movie may have generated $200 million at the box office and help drive revenue for Disney (DIS), but Wall-E the game helped THQ blow earnings estimates and post a $0.41 per share loss for Q1.

The company said it shipped more than a million copies of the game in the first quarter, but according to Reuters, the game sold less than expected. That’s a problem for prognosticators like Citi’s Brent Thill, who said last month that the game would goose the company’s results.

See Also:
Wall Street’s Finest Minds Agree: New Pixar Movie “Wall-E” Is Awesome 

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.

Tagged In

earnings gaming sai-us