Nintendo Reports Higher EPS as Citigroup Restates Buy Rating
Citigroup restated a buy rating on Nintendo after the company posted $0.20 EPS for the quarter, ahead of the $0.10 consensus. Shares of OTCMKTS NTDOY opened at $13.92. Analysts expect $0.56 EPS for the fiscal year, while nine brokerages average a Hold. Several investors increased positions during the quarter.