Oppenheimer Remains Bullish as Activision Blizzard (ATVI) Reports 3Q

Mizuho Securities Reiterates Buy on Activision Blizzard (ATVI) Following 3Q

November 4, 2016 7:31 AM EDT

Mizuho Securities reiterated a Buy rating and $48.00 price target on Activision Blizzard (NASDAQ: ATVI) following the company's 3Q earnings report. A|B reported revenue of $1.63b, surpassing Street expectations by 4%, or $60m. Non-GAAP EPS was $0.52, significantly ahead of the Street estimates of $0.42. For... More

Activision Blizzard (ATVI): Weaker Guide Than Expected - Macquarie

November 4, 2016 6:32 AM EDT

Macquarie analyst, Ben Schachter reiterated his Outperform rating on shares of Activision Blizzard (NASDAQ: ATVI) believing the earnings upside should negate the weak guidance in time.

ATVI posted a solid quarter, but the holiday guide was weaker than expected. Blizzard is clearly the key driver of... More

After-Hours Stock Movers 11/03: (PODD) (FEYE) (HDP) Higher; (MDCA) (GPRO) (QRVO) Lower (more...)

November 3, 2016 6:47 PM EDT

Today's After-Hours Stock Movers

MDC Partners (NASDAQ: MDCA) 21.4% LOWER; cutting outlook, dividend.

GoPro (NASDAQ: GPRO) 19% LOWER; reported Q3 EPS of ($0.60), $0.24 worse than the analyst estimate of ($0.36). Revenue for the quarter came in at $240.57 million versus the consensus estimate of $315.89 million. GUIDANCE: GoPro sees Q4 2016 EPS of $0.25-$0.35, versus the consensus of $0.46. GoPro sees Q4 2016 revenue of $600-650 million, versus the consensus of $675.5 million. GoPro sees FY2016 revenue of $1.25-1.30 billion, versus the consensus of $1.39 billion. GoPro sees FY2017 revenue of $735... More

Activision Blizzard (ATVI) Tops Q3 EPS by 7c; Guides

November 3, 2016 4:15 PM EDT

Activision Blizzard (NASDAQ: ATVI) reported Q3 EPS of $0.49, $0.07 better than the analyst estimate of $0.42. Revenue for the quarter came in at $1.57 billion versus the consensus estimate of $1.57 billion.

GUIDANCE:

Activision Blizzard sees FY2016 EPS of $1.92, versus the consensus of $1.99. Activision... More

Activision raises full-year forecast, third quarter revenue tops estimates

November 3, 2016 4:09 PM EDT

By Anya George Tharakan

(Reuters) - Activision Blizzard Inc reported higher-than-expected revenue for the third quarter, boosted by the success of its "World of Warcraft: Legion" and "Overwatch" videogames as well as its acquisition of "Candy Crush" mobile game-maker King.

The company also raised its full-year adjusted profit and revenue forecasts.

Activision's total adjusted revenue, which includes deferred revenue, rose to $1.63 billion in the third quarter ended Sept. 30 from $1.04 billion a year earlier.

Analysts on average had expected revenue of $1.57... More

Trading Radar for 11/3: GoPro (GPRO), Chesapeake (CHK), Activision (ATVI), Fossil (FOSL), Starbucks (SBUX) Report

November 2, 2016 2:08 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

Initial Claims - Street sees 256kContinuing Claims - no Street consensusUnit Labor Costs - Street sees 1.2%Productivity: Prelim. - Street sees 1.8%

Earnings:

3D Systems (NYSE: DDD) - consensus EPS $0.09
AAC Holdings (NYSE: AAC) - no Street consensus
ACI Worldwide, Inc. (Nasdaq: ACIW) - consensus EPS $0.14
AMAG Pharma... More