Activision Blizzard (NASDAQ:ATVI) reported its Q1 earnings results on Monday, April 25, 2022 at 07:30 AM.
Here's what investors need to know about the announcement.
Earnings
Activision Blizzard missed estimated earnings by 45.71%, reporting an EPS of $0.38 versus an estimate of $0.7.
Revenue was down $585.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.06 which was followed by a 0.38% increase in the share price the next day.
Here's a look at Activision Blizzard's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.31 | 0.70 | 0.75 | 0.70 |
| EPS Actual | 1.25 | 0.72 | 0.91 | 0.84 |
| Revenue Estimate | 2.82B | 1.88B | 1.89B | 1.78B |
| Revenue Actual | 2.49B | 1.88B | 1.92B | 2.07B |
To track all earnings releases for Activision Blizzard visit their earnings calendar here.
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