>>75744122>wait, 10 billion? isn't that the exact number cover needs to reach to meet their own extremely low promises?No dumbass, cover was initially forecasting 7.338B for their Q4 quarterly revenue (target 26.562B for full year results). They revised it because they expected FES to do much better than expected (revised to 28.471B for full year results). They exceeded their revised forecast and ended up with a total yearly revenue of 30.166B. In short, they were initially expecting 7.338B for Q4, revised it to expect 9.247B, and ended up with 10.941B for the quarter.
AC is forcasting 33.0B in yearly revenue. This means they will need a Q4 of 9.727B in Q4 revenue to meet their forecast. They are banking on the fact that 30-40% of merch sales for nijifes will be counted for their Q4 results. Considering 60-70% of Nijifes merch sales is ALREADY COUNTED for their Q3, and they had a pretty lackluster January-March in terms of events, this might be hard to pull off. This is the reason for the big selloff, as most shareholders were not convinced when they said their Q4 will be their highest grossing for the year, but who knows, maybe the kuzuha concert pulled in massive money? We'll find out in a month, but do not be suprised if it does not hit that forecast because again, most of their big events were in Q3 and already counted and their numbers werent that great for that quarter.
So yeah, TLDR, Cover did very good, exceededing their forecast which was revised upward. AC will need to get 9.727B in Q4 revenue to meet their expectations. Any lower and they might be screwed and see another stock selloff. AC Q3, with Nijifes was 7.785B in revenue, so getting 9.727B now might be tough, but we will see what they can pull out of their asses in a month or so.