Marvel held an earnings call this morning, and the big, no-brainer news was IRON MAN 2 in 2010. Also on the slate: THOR in 2010, followed by CAPTIAN AMERICA: FIRST AVENGER and THE AVENGERS in 2011. 2009 will be a bare cupboard year for Marvel, because of the writers strike, but IRON MAN’s smashing debut should keep their name in lights until then.
The company said its improved forecast did not include upside from the box office success of “Iron Man,” only its better-than-expected first-quarter performance.
Marvel shares jumped $2.34, or 7.7 percent, to $32.59 in morning trading.
The rise in stock prices is a first for Marvel — traditionally, after a big movie opening the stock price goes down a bit. It wasn’t all golden news, though: publishing was down 4% for the quarter and 14% year to year. Marvel hopes SECRET INVASION will pick up the slack and leave this year up over last, however.