Activision Blizzard Earnings Preview: Will It Be Another Blowout for "Overwatch"?
![Activision Blizzard Earnings Preview: Will It Be Another Blowout for "Overwatch"?](https://assets2.sharewise.com/attachment/file/59372/open-uri20170728-5620-v8mpjk "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. Stock
€89.70
0.670%
With 0 Sell predictions and 2 Buy predictions the community sentiment towards the Activision Blizzard Inc. stock is not clear.
On the other hand, the target price of 89 € is below the current price of 89.7 € for Activision Blizzard Inc., so the potential is actually -0.78%.
