Coinstar (CSTR) preannounces a blowout Q1. Citing strong demand for a number of hit titles, as...

|By:, SA News Editor

Coinstar (CSTR) preannounces a blowout Q1. Citing strong demand for a number of hit titles, as well as lower-than-expected expenses, the company expects revenue for the quarter to be $567M-$569.2M and EPS of $1.36-$1.40, well above a consensus of $537.7M and $0.90. Coinstar is also guiding for 2012 revenue of $2.155B-$2.28B and EPS of $4.40-$4.80, compared with a consensus of $2.22B and $4.09. Shares are halted.