Sony earnings: GTA 6 pre-orders and quake loss
Sony beat and raised guidance, with balance-sheet data suggesting strong GTA 6 pre-orders, while expecting a ¥16B earthquake loss. Crypto promoters are also riding GTA VI hype.
What we know
Michael Sikand cites a revenue and EPS beat and gaming operating income up 83%, with contract liabilities hinting at strong pre-orders. Sony expects a ¥16B loss from Kumamoto earthquake damage. An account on X is shilling a GTA VI memecoin (promotional).
How the story developed
Sony beat and raised guidance, with balance-sheet data suggesting strong GTA 6 pre-orders, while expecting a ¥16B earthquake loss. Crypto promoters are also riding GTA VI hype.
Sony posted a big beat and raise with GTA 6 guided, Maersk sharply raised guidance, and Diageo and Air France-KLM beat estimates.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.