Marvel Entertainment (MVL) delivered an amazing earnings report this morning. The Super Hero company earned 57 cents a share last quarter which demolished Wall Street’s forecast of 36 cents a share. That’s a 58% earnings surprise! Marvel’s stock has been up by as much as 8% this morning.
The company raised the lower end of its full-year guidance by ten cents a share. The new range is $1.10 to $1.35 a share. These results don’t include the profits from “X-Men Origins: Wolverine” which is the #1 movie in America!