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By Chip Brian, SmarTrend Analytics Team
11/3/2009-Marvel Entertainment (NYSE:MVL) reported Q3 EPS of 26 cents, topping consensus estimates of 24 cents.
Net sales in the quarter plunged 42% year-over-year to $105.7 million, but came in ahead of consensus estimates of $92.5 million.
Marvel's Chairman, Morton Handel, commented,
"Anticipation for the high profile Iron Man 2 feature film continues to build, and we are focusing our efforts on the film's May 2010 release and the related licensing opportunities.
At the same time, we are making solid progress on the development and pre-production of our Thor, The First Avenger: Captain America and The Avengers feature film projects."
Contact Chip Brian
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