Zynga forecasts holiday-quarter bookings below estimates

By Anya George Tharakan (Reuters) – "FarmVille" creator Zynga Inc forecast lower-than-expected bookings for the holiday season, as the company's much-awaited game "Dawn of Titans" is slated to launch late into the quarter. The company forecast current-quarter bookings in the range of $185 million to $195 million, below the $201.4 million expected by analysts polled by research firm FactSet StreetAccount. Bookings, an important metric indicating future revenue, include the sales of virtual goods such as currency and lives.

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