Activision Blizzard Earnings Preview: Will It Be Another Blowout for "Overwatch"?
Activision Blizzard (NASDAQ: ATVI) reports its second-quarter earnings results on Aug. 3, after the market closes. Management has guided for second-quarter and full-year revenue to be down, based on fewer game releases in 2017 than last year, which means the game maker is currently very dependent on player engagement with existing titles. The key game to watch will be Overwatch, which has a lot of momentum coming off a strong first quarter.
To gauge the company's player engagement levels, investors will need to focus on monthly active users, time spent in games, and digital revenue growth, which includes in-game spending, when the company reports.
The Overwatch "Mercy" character. IMAGE SOURCE: ACTIVISION BLIZZARD.
Source: Fool.com
Activision Blizzard Inc. Aktie
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Trotz eines niedrigeren Kursziels von 89 € für Activision Blizzard Inc. als der aktuelle Kurs von 89.7 €, zeigt sich ein negatives Potenzial von -0.78%.