Activision Blizzard ATVI releases its next round of earnings this Tuesday, August 04. Get the latest predictions in Benzinga's essential guide to the company's Q2 earnings report.
Earnings and Revenue
Wall Street analysts see Activision Blizzard reporting earnings of $0.68 per share on revenue of $1.70 billion. Activision Blizzard reported a profit of $0.380 per share when it published results during the same quarter last year. Sales in that period totaled $1.21 billion. The analyst consensus estimate would represent a 78.95% increase in the company's EPS figure. Activision Blizzard's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q1 2020 | Q4 2020 | Q3 2019 | Q2 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.38 | 1.19 | 0.23 | 0.26 |
| EPS Actual | 0.58 | 1.23 | 0.32 | 0.38 |
| Revenue Estimate | 1.32 B | 2.68 B | 1.17 B | 1.19 B |
| Revenue Actual | 1.52 B | 2.71 B | 1.21 B | 1.21 B |
Stock Performance
Over the last 52-week period, shares are up 78.45%. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Activision Blizzard is scheduled to hold the call at 17:30:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/kgnnv5ot
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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