Activision Blizzard (NASDAQ:ATVI) reported its Q3 earnings results on Tuesday, November 2, 2021 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Activision Blizzard their estimated earnings by 2.86%, reporting an EPS of $0.72 versus an estimate of $0.7, which did not surprise analysts.
Revenue was up $113,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.16, which was followed by a 2.12% increase in the share price the next day.
Here’s a look at Activision Blizzard’s past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.75 | 0.70 | 1.18 | 0.65 |
| EPS Actual | 0.91 | 0.84 | 1.21 | 0.71 |
| Revenue Estimate | 1.89B | 1.78B | 2.83B | 1.69B |
| Revenue Actual | 1.92B | 2.07B | 3.05B | 1.77B |
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