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Wedbush Raises Ubisoft Estimates On GRAW2, TMNT Sales

Ahead of Ubisoft's Thursday, April 26th fiscal Q4 conference call, Wedbush Morgan's Michael Pachter has raised the firm's sales estimate from €157 million ($213.7 mil) to €167 million ($227.3 mil) on the strength of GRAW2 and TMNT.

Wedbush says that its move to €167 million ($227.3 mil), spurred by sales data from NPD's March update, compare with consensus sales estimates of the quarter of €155 million ($211 mil), and the company's own quarterly quidance of "at least" €152 million ($206.9 mil).

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