Activision Blizzard (ATVI) Tops Q2 EPS by 13c
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.