Activision (ATVI) Flat Ahead of Q4 Results
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Shares of Activision (Nasdaq: ATVI) are flat ahead of Q4 results due after the close. Wall Street is looking for EPS of $0.05 and revenues of $369.1 million.
Last quarter, the video game maker topped the street EPS estimate by 6 cents and provided strong guidance. The stock is up about 4% since last quarter's report.
Yesterday, Piper Jaffray issued a very bullish note on the company, saying they expect the company to report Q4 EPS of $0.09, which is 5 cents ahead of the street estimates. The firm also sees numerous catalysts, including upward earnings guidance.
Last quarter, the video game maker topped the street EPS estimate by 6 cents and provided strong guidance. The stock is up about 4% since last quarter's report.
Yesterday, Piper Jaffray issued a very bullish note on the company, saying they expect the company to report Q4 EPS of $0.09, which is 5 cents ahead of the street estimates. The firm also sees numerous catalysts, including upward earnings guidance.
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