Activision Blizzard (ATVI) Tops Q1 EPS by 11c, Updates Guidance

Activision Blizzard (NASDAQ: ATVI) reported Q1 EPS of $0.23, $0.11 better than the analyst estimate of $0.12. Revenue for the quarter came in at $908 million versus the consensus estimate of $812.12 million.

GUIDANCE:

Activision Blizzard sees Q2 2016 EPS of $0.38, versus the consensus of $0.34. Activision Blizzard sees Q2 2016 revenue of $1.375 billion, versus the consensus of $1.33 billion.

Activision Blizzard sees FY2016 EPS of $1.78, versus the consensus of $1.79. Activision Blizzard sees FY2016 revenue of $6.275 billion, versus the consensus of $6.29 billion.

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

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