Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

Commerce Ups Electronics Boutique Outlook

Commerce Capital raised its estimate on Electronics Boutique (ELBO).

Analyst Richard Zimmerman says fourth quarter earnings per share beat his $1.10 estimate and consensus estimate of $1.11. He ties the outperformance to improved gross margins, better-than-expected selling, general, and administrative costs, and a lower tax rate vs. last year. Zimmerman feels confident that Electronics Boutique can continue to grow market share through its strong appeal to core gaming consumers as well as through domestic and international expansion of its store base.

He raised the $1.70 fiscal 2004 (Jan.) earnings per share estimate to $1.75, and sees $2.00 for fiscal 2005. He reiterates his market outperform rating.

blog comments powered by Disqus