Activision Blizzard (ATVI) Tops Q2 EPS by 13c

August 3, 2017 4:11 PM

Activision Blizzard (NASDAQ: ATVI) reported Q2 EPS of $0.43, $0.13 better than the analyst estimate of $0.30. Revenue for the quarter came in at $1.63 billion, may not compare to consensus estimate of $1.22 billion.

Company Outlook:

(in millions, except EPS) GAAP Outlook

Non-GAAP Outlook (redefined)

Impact of GAAP deferralsA

CY 2017

Net Revenues $6,400 6,400 175
EPS $1.05 1.94 0.06
Fully Diluted Shares* 767 767

Q3 2017

Net Revenues $1,385 1,385 315
EPS $0.09 0.34 0.11
Fully Diluted Shares* 766 766

* Fully diluted weighted average shares include participating securities and dilutive options on a weighted average basis.

As referenced on our July 29, 2016 call, if you would like to calculate Non-GAAP metrics as previously defined, you would add the impact of GAAP deferrals to the Non-GAAP (redefined) metrics.

Currency Assumptions for 2017 Outlook:

(Street sees Fy EPS of $2.00 on revenue of $6.53 billion)

For earnings history and earnings-related data on Activision Blizzard (ATVI) click here.


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