Another Quarterly Loss Expected from Playboy
Playboy Enterprises (NYSE: PLA), which received a buyout offer from Hugh Hefner last summer, is scheduled to discuss its third-quarter 2010 financial results Tuesday, November 9, in a conference call at 10:00 AM (ET). You can catch a live webcast of the call at the company's website.
During the three months that ended in September, the Chicago-based adult entertainment company launched TheSmokingJacket.com and also launched Playboy TV in Taiwan. But analysts surveyed by Thomson Reuters are anticipating another big net loss from Playboy -- 71 cents per share -- due in part to write-downs related to its squabble with DirecTV (NASDAQ: DTV).
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