{"id":5782,"date":"2009-02-24T21:34:00","date_gmt":"2009-02-24T21:34:00","guid":{"rendered":""},"modified":"2020-07-28T03:07:39","modified_gmt":"2020-07-28T03:07:39","slug":"marvel-closes-up-15-on-4q-2008-report","status":"publish","type":"post","link":"https:\/\/comichron.com\/blog\/2009\/02\/24\/marvel-closes-up-15-on-4q-2008-report\/","title":{"rendered":"Marvel closes up 15% on 4Q 2008 report"},"content":{"rendered":"

Something actually went up on Wall Street: The market evidently liked what it heard in Marvel<\/span>‘s quarterly report for the fourth quarter of 2008, with the stock closing up more than 15% to $27.55 after the earnings call.<\/p>\n

Marvel’s third quarterly report<\/span><\/a> had topped Wall Street estimates; so, too, did this one, with Reuters reporting that “profit more than doubled, beating market estimates for the sixth straight quarter, as it benefited from the strong performance of its first self-produced films.”<\/p>\n

Marvel’s revenue more than doubled to $224.3 million, the report said, including film-production revenue of $135.5 million, principally from Iron Man DVDs. Publishing revenue grew 9% to $33.1 million: recall that Diamond sales for the market in the quarter<\/span><\/a> were $114.89 million at full retail. Marvel’s portion of that, based on market shares, is about $42 million, so figuring roughly three-eights of that as the publisher’s revenue, the direct market accounts for somewhere around $15.75 million, or just over half of it. If foreign or some other kinds of receipts are in that publishing revenue total, that’d square up fairly well with the direct market\/mass market breakdown<\/span><\/a> posited here earlier.<\/p>\n

The company said it still saw a steep drop in earnings and revenue for 2009, when it has fewer self-produced movies.<\/p>\n","protected":false},"excerpt":{"rendered":"

Something actually went up on Wall Street: The market evidently liked what it heard in Marvel‘s quarterly report for the fourth quarter of 2008, with the stock closing up more than 15% to $27.55 after the earnings call. Marvel’s third quarterly report had topped Wall Street estimates; so, too, did this one, with Reuters reporting … Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1],"tags":[35,105],"class_list":["post-5782","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-marvel","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/posts\/5782","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/comments?post=5782"}],"version-history":[{"count":1,"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/posts\/5782\/revisions"}],"predecessor-version":[{"id":5783,"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/posts\/5782\/revisions\/5783"}],"wp:attachment":[{"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/media?parent=5782"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/categories?post=5782"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/tags?post=5782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}