Resultados longe do esperado!
Gigante Americano e Mundial sendo líder no sector
http://finance.yahoo.com/q/bc?s=BBI&t=my
Aqui há tempos preconizei uma entrada junto aos 4.10. Hoje entrei mas saí abaixo dos 4. Agora recuperou e fechou novamente acima, o que seria um bom indicador do ponto de vista puramento gráfico, mas gostaria de "ouvir" opiniões baseadas na análise dos resultados:
Pessoal dos fundamentais, o que tendes a dizer?
(Adds byline, comments from conference call, analyst)
By Gina Keating
LOS ANGELES, July 27 (Reuters) - Blockbuster Inc.
on Thursday posted a quarterly profit after a large tax
settlement, reversing a year-ago quarterly loss, but missed
expectations, sending shares down as much as 13 percent.
Blockbuster, the No. 1 U.S. video rental chain, reported
second-quarter net income of $68.4 million, or 31 cents per
share, compared with a loss of $57.2 million, or 31 cents per
share, in the same period a year earlier.
Excluding the $91.2 million tax benefit, the costs from
closing stores, and other unusual items, Blockbuster had an
adjusted net loss of $21.4 million, or 13 cents per share, in
the latest period.
Revenues fell 5 percent to $1.32 billion, largely because
of the store closures and lower-margin retail sales. Domestic
same-store movie rental revenues rose 3.8 percent.
Analysts, on average, expected a loss of 8 cents per share,
excluding items, and revenue of $1.35 billion, according to
Reuters Estimates.
The company's online DVD rental service grew to 1.4 million
subscribers by the end of the quarter, Blockbuster Chief
Executive Officer John Antioco told analysts during a
conference call.
Antioco said the company "always plans to step up marketing
activity on the back half of the year" and sticks by its plan
to reach 2 million subscribers for Blockbuster Online by the
end of fiscal 2006.
Blockbuster stores have begun advertising the online
service, a move that has helped keep subscriber acquisition
costs lower than those of online rival Netflix Inc. ,
Antioco told analysts.
Blockbuster has been hurt by stiff competition from
Netflix, which has more than 5 million subscribers. Blockbuster
has responded by cutting costs, closing stores and stepping up
promotions for its online unit.
"I could care less if they get to 2 million (online
subscribers). I don't think it matters," Wedbush Morgan analyst
Michael Pachter. "I don't care if the online business is
profitable. What I really think matters is their online
business contributes to their overall gross profit."
Shares of Blockbuster fell 49 cents to $4.19 on the New
York Stock Exchange after falling as low as $4.06. Shares of
Netflix jumped 8.5 percent, or $1.66, at $20.68 on Nasdaq.
((Reporting by Gina Keating, editing by J.S. Benkoe; Reuters
Messaging:
gina.keating.reuters.com@reuters.net; 1 213 955
6776))
Keywords: RETAIL BLOCKBUSTER EARNS