Activision Blizzard Earnings Beat, Revenue Inline In Q3 -Breaking
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© Reuters. Activision Blizzard Earnings Beat, Revenue Inline In Q3Activision Blizzard, NASDAQ: – Investing.com reported Tuesday that the third quarter beat analyst forecasts with revenue that was consistent with analysts’ expectations.
Activision Blizzard reported earnings per share at $0.72, based on $1.88 billion in revenue. Investing.com polled analysts and predicted EPS at $0.697 for revenue $1.88 billion.
Activision Blizzard shares fell 16% over the first of the year. This is still down 25.64% from February 16’s 52-week peak of $104.49. They are under-performing the S&P 500 which is up 23.31% from the start of the year.
Activision Blizzard shares increased by 0.89% during after-hours trading following the report.
Activision Blizzard is following other notable earnings in the Technology sector this month
Activision Blizzard reported after Alphabet C’s October 26 earnings beat. They reported EPS for $65.12B on revenue, which is $27.99 more than the projected EPS of $23.83 from revenue of $63.53B.
Taiwan Semiconductor exceeded expectations in October 14, with an EPS of $1.07 based on revenue $14.75 billion, against EPS forecasts of $1.04 based on revenue $14.81B.
You can keep up-to date on the latest earnings reports by visiting Investing.com’s earnings calendar
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