October 31, 2019 / 7:11 AM / 18 days ago

Switch sales help Nintendo beat estimates with 116% Q2 profit jump

    TOKYO, Oct 31 (Reuters) - Japan's Nintendo Co Ltd         
said on Thursday second-quarter operating profit jumped 116%,
beating estimates, driven by demand for its Switch console. 
    Profit for the July-September quarter was 66.8 billion yen 
($615 million) versus 30.9 billion yen a year earlier. 
    That compared with an average forecast of 50 billion yen 10
analyst estimates compiled by Refinitiv showed.
    ($1 = 108.6700 yen)

 (Reporting by Sam Nussey; editing by Himani Sarkar and Jason
Neely)
  
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