What to Watch When Activision Blizzard Reports Earnings
Activision Blizzard (NASDAQ: ATVI) reports its third-quarter earnings on Thursday, Nov. 2, after the market close. Here's what investors should watch.
On a GAAP basis, management is calling for revenue to decline 12% to $1.385 billion. Two games were released in the quarter -- a remastered version of the classic Starcraft strategy game on PC and Destiny 2 on console. In addition, new content was released for Blizzard's Hearthstone, Activision's Call of Duty: Infinite Warfare, and King's mobile games.
Source: Fool.com
Activision Blizzard Inc. Stock
The community is currently still undecided about Activision Blizzard Inc. with 2 Buy predictions and 0 Sell predictions.
However, we have a potential of -0.78% for Activision Blizzard Inc. as the target price of 89 € is below the current price of 89.7 €.