Activision Blizzard Shows Investors the Power of Franchises

Video game maker Activision Blizzard (NASDAQ: ATVI) really took things to a new level in its recent third quarter results. Revenue and earnings each significantly beat guidance, leading the company to raise its full-year forecast.

Investors are getting used to Activision knocking it out of the park, with this now marking the seventh straight quarter that they've exceeded expectations. And there's a powerful reason that we should expect the trend of outperformance to continue even further, which is the company's strong franchises.

Activision's franchises. Source: ATVI investor presentation.

Source: Fool.com