Blockbuster (BBI) Shares Lower on Weak Earnings Report
Blockbuster, Inc. (NYSE: BBI) shares are trading lower in the early morning session. Shares are down about 9.6% to $0.75.
The drop comes on Blockbuster's third quarter earnings report, which came out after the market closed yesterday. BBI posted a loss of $0.20, 9 cents below the estimate of an 11 cent loss. Revenue was also at $910.5 million, about $100 million short of the $1.01 billion estimate.
Create E-mail AlertRelated Categories
General NewsStocks Mentioned
+0.00Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
