Activision Blizzard Announces First-Quarter 2021 Financial Results
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Wells Fargo Reiterates Overweight Rating on Activision Blizzard (ATVI) Following 1Q
May 5, 2021 6:49 AM EDTWells Fargo analyst Brian Fitzgerald reiterated an Overweight rating and $120.00 price target on Activision Blizzard (NASDAQ: ATVI) following the company's 1Q earnings report. Net Bookings grew 36% Y/Y vs. Consensus expectations of 17%. Operating Margin was 41%, 81 bps better than Consensus.
Wells Fargo adjusted... More
Activision Blizzard (ATVI) Tops Q1 EPS by 28c; Raises Outlook
May 4, 2021 4:13 PM EDTActivision Blizzard (NASDAQ: ATVI) reported Q1 EPS of $0.98, $0.28 better than the analyst estimate of $0.70. Revenue for the quarter came in at $2.28 billion versus the consensus estimate of $1.78 billion.
Our employees continue to demonstrate exceptional performance under challenging circumstances, said Bobby Kotick, CEO of Activision... More
