Mizuho Keeps Buy Rating After Activision's (ATVI) Rare Miss
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Activision Blizzard (ATVI) PT Lowered to $36 at UBS on Disappointing Q4, Outlook
February 12, 2016 7:35 AM ESTUBS analyst Eric Sheridan lowered his price target on Activision Blizzard (NASDAQ: ATVI) to $36 from $44 following disappointing Q4 results and outlook. The firm maintained a Buy rating saying the long-term thesis is intact.
Sheridan commented, "Despite a strong quarter for the Call of Duty franchise,... More
Activision Blizzard (ATVI) PT Lowered to $36 at UBS on Disappointing Q4, Outlook
February 12, 2016 7:35 AM ESTUBS analyst Eric Sheridan lowered his price target on Activision Blizzard (NASDAQ: ATVI) to $36 from $44 following disappointing Q4 results and outlook. The firm maintained a Buy rating saying the long-term thesis is intact.
Sheridan commented, "Despite a strong quarter for the Call of Duty franchise,... More
Activision Blizzard (ATVI) Misses Q4 EPS by 3c, Offers Q1 & FY Guidance
February 11, 2016 4:23 PM ESTActivision Blizzard (NASDAQ: ATVI) reported Q4 EPS of $0.83, $0.03 worse than the analyst estimate of $0.86. Revenue for the quarter came in at $2.12 billion versus the consensus estimate of $2.2 billion.
GUIDANCE:
Activision Blizzard sees Q1 2016 EPS of $0.11, versus the consensus of $0.18. Activision Blizzard sees Q1 2016 revenue of $800 billion, versus the consensus of $744.79 billion.
Activision Blizzard sees FY2016 EPS of $1.75, versus the consensus of $1.57. Activision Blizzard sees FY2016 revenue of $6.25 billion, may not compare to the consensus of $5.04 billion.
Company Outlook:
On November 2, 2015, the company announced its agreement to acquire King... More