Activision Blizzard Announces Better-Than-Expected and Record Third Quarter 2016 Financial Results

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Go back to Activision Blizzard Announces Better-Than-Expected and Record Third Quarter 2016 Financial Results

Oppenheimer Remains Bullish as Activision Blizzard (ATVI) Reports 3Q

November 4, 2016 8:40 AM EDT

Oppenheimer maintained an Outperform rating and $53.00 price target on Activision Blizzard (NASDAQ: ATVI) following the company's 3Q earnings report. Adjusted revenues and EPS of $1,630M and $0.52 beats consensus of $1,567M/$0.42. Activision revenues were down 36% Y/Y, Blizzard was up 97% Y/Y thanks to strong... More

Mizuho Securities Reiterates Buy on Activision Blizzard (ATVI) Following 3Q

November 4, 2016 7:31 AM EDT

Mizuho Securities reiterated a Buy rating and $48.00 price target on Activision Blizzard (NASDAQ: ATVI) following the company's 3Q earnings report. A|B reported revenue of $1.63b, surpassing Street expectations by 4%, or $60m. Non-GAAP EPS was $0.52, significantly ahead of the Street estimates of $0.42. For... More

Activision Blizzard (ATVI) Tops Q3 EPS by 7c; Guides

November 3, 2016 4:15 PM EDT

Activision Blizzard (NASDAQ: ATVI) reported Q3 EPS of $0.49, $0.07 better than the analyst estimate of $0.42. Revenue for the quarter came in at $1.57 billion versus the consensus estimate of $1.57 billion.

GUIDANCE:

Activision Blizzard sees FY2016 EPS of $1.92, versus the consensus of $1.99. Activision... More