Activision Blizzard (ATVI) Tops Q1 EPS by 10c, Offers Q2 & FY Guidance

Activision Blizzard (NASDAQ: ATVI) reported Q1 EPS of $0.31, $0.10 better than the analyst estimate of $0.21. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.09 billion.

GUIDANCE:

Activision Blizzard sees Q2 2017 EPS of $0.27, versus the consensus of $0.32. Activision Blizzard sees Q2 2017 revenue of $1.2 billion, versus the consensus of $1.19 billion.

Activision Blizzard sees FY2017 EPS of $1.88 vs consensus of $1.95. Activision Blizzard sees FY2017 revenue of $6.33 billion, versus the consensus of $6.4 billion.

(Updated)

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