Market Overview

Activision Blizzard's Earnings Outlook

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Activision Blizzard (NASDAQ: 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

 

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Posted-In: Earnings