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THQ delays Saints Row 2

Analyst adjusts estimates to reflect back-half weighted year after THQ moves title from Q2 to Q3

THQ has announced that the release of Saints Row 2 for Xbox 360 and PS3 has been moved from September to December.

The company said the delay was due to marketing and product quality issues.

Colin Sebastian, an analyst with Lazard Capital Markets LLC, noted that the shift will put more pressure on the game approaching a more crowded holiday market. He is also concerned that episodic content for GTA IV, which is due out this fall, could distract from Saints Row 2's release if they fall within the same time period.

Nevertheless, his full year estimates for THQ remain unchanged.

However, Sebastian has lowered his THQ Q2 revenue estimate from USD 250 million to USD 205 million, with his EPS estimate lowered from USD 0.17 to USD 0.10, to reflect Saints Row 2's release being shifted to the third quarter.

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