Activision Blizzard Q4 Earnings Preview

On Thursday, Activision Blizzard ATVI will release its latest earnings report. Check out Benzinga's report to understand the report's implications.

Earnings and Revenue

Wall Street expects EPS of 91 cents per share and sales around $2.49 billion.

Activision Blizzard reported a per-share profit of 92 cents when it published results during the same quarter last year. Sales in that period totaled $2 billion. The Wall Street consensus estimate for sales would represent a 1.55 percent increase for the company. Activision Blizzard's reported EPS has stacked up against analyst estimates in the past like this:

Q4 EPS Estimate: 91 cents per share
Q4 Revenues Estimate: $2 billion

Stock Performance

Shares of Activision Blizzard were trading at $69.7 as of Feb. 8. Over the last 52-week period, shares are up 73.43 percent. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.

Analyst estimates are adjusted lower for EPS and revenues over the past 90 days. The average rating by analysts on Activision Blizzard stock is a Neutral. The validity of this rating has maintained conviction over the past 90 days.

Conference Call

Activision Blizzard's Q4 conference call is scheduled to begin at 4:30 p.m. ET and can be accessed here: http://investor.activision.com/events.cfm