Sony estimates FY 2010/11 net loss, revises from profit (Reuters)

Monday, May 23, 2011 2:01 AM By dwi

TOKYO (Reuters) – Sony on weekday changed its earnings judge for the assemblage to March 2011 to a gain expiration of 260 1000000000 yen ($3.2 billion) from a acquire of 70 billion, in the company's prototypal communication of the business effect of the disrespectful March seism and tsunami.

The consort serviceable its judge of an operating acquire of 200 1000000000 yen, which compares with analysts' consensus of 197 1000000000 yen, according to a SmartEstimate by ThomsonReuters I/B/E/S. SmartEstimates locate additional weight on past forecasts by top-rated analysts.

The concern of Bravia televisions and Vaio computers is set to foretell its January-March earnings on Thursday.

Sony factories in north Japan were among those damaged in the March 11 disaster, which also snarled the electronics industry's cater concern and triggered a plunge in husbandly consumption.

Many of Sony's rivals, including Panasonic Corp, hit still to issue forecasts for the current business assemblage to March 2012, cod to holdup dubiety over the personalty of the quake.

($1 = 81.710 Japanese Yen)

(Reporting by Isabel Reynolds; Editing by Edmund Klamann)


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