Life can be stranger than computer animation. Going into last night's second-quarter earnings report, Pixar
A few weeks later, Finding Nemo was released and promptly become the highest-grossing animated feature film of all time. Analysts wouldn't be hooked again. Wall Street expectations ranged from $0.12 a share to as high as $0.22. Surely this time the financial community had found a way to net the elusive Pixar.
Sorry. Last night, Pixar reported earnings of $0.34 a share, on revenue that more than doubled to $48.9 million. For those who think Microsoft's
All of this might come as a surprise to investors but not to our own David Gardner. David highlighted Pixar months ago in Motley Fool Stock Advisor.
Meanwhile, Pixar continues to negotiate with partner Disney
Surprise. With management warning that marketing costs will bite into third-quarter results, Pixar is looking to earn a modest $0.07 a share this quarter. Analysts, as tempting as that worm looks dangling there, please learn from the past and don't bite too hard.
Where will Pixar go from here? Why are the company's net margins so juicy and will competition move in if Pixar keeps producing stellar numbers? What do you think of Pixar's next movie -- The Incredibles? Does it apply to Pixar too? All this and more -- in thePixar discussion board. Only on Fool.com.
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