NCBDY News and Press, Namco Bandai Hldgs Adr From 03/23/23

2023-03-23 05:29:14 ET Summary The release of the classic 'Resident Evil 4' remake will be a major success, driving earnings strongly in Q4 FY3/2023. We believe the company will upwardly revise company guidance as a result and will enjoy high earnings visibility into FY3/2024. ...

Summary Recent trading at Capcom has been strong, driven by 'Monster Hunter' and strong back catalog sales. Outlook for FY3/2024 is sustained growth with the planned release of two new major IPs. With a strong track record and high profitability, we believe the shares should trade a...

Cowen is curtailing its expectations for console videogame spending this year, pointing to additional hurdles from game delays as well as foreign exchange since its last look at the space. The firm expects 2022 console game spending to fall 7%, down from a previous estimate for a 1%...

Videogame sales continued a year-over-year decline in July - but at a moderating rate, and the spending tracked back toward near 2020 levels, with some help from increased console outlays. Overall sales fell 9% year-over-year to $4.177B, according to NPD Group, mirroring the 10%...

Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar for companies due t...

Consumer videogame spending slipped 13% in the second quarter from the same period a year ago - an acceleration of year-over-year declines as the industry struggles through tough comparisons to a pandemic 2021, and wrestles its way out of supply-chain woes amid an inflation shock to ent...

Videogame sales slid to a 27-month low in May, marking its biggest pullback in months after a period relatively devoid of new releases. May's overall sales tumbled 19% to $3.68 billion from a year-ago $4.522 billion, according to NPD Group - with broad declines, but a particularly heavy drop ...

Videogame industry sales slipped 8% year-over-year in April - the sixth straight month that was worse than the year before, though at least the declines stopped accelerating. December sales had shown up down 1% from the prior year, while January dipped 2%; February sales slipped 6%; and March...

Consumer videogame spending fell 8% in the first quarter compared to the same period in 2021, an indicator of the comedown from mid-pandemic highs as some consumer dollars found their way back to alternative experiences, and the industry continued to struggle getting new consoles into buyers'...

Longtime videogame conference E3 has reportedly been canceled for 2022, and won't take place even in a planned digital format. The Electronic Entertainment Expo was once key to videogame industry attention, serving as a focal point to discover new technology and companies' upcoming release sl...