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Activision Blizzard announced earnings per share of $1.21 on revenue of $3.05B. Analysts polled by Investing.com anticipated EPS of $1.17 on revenue of $2.82B.
Activision Blizzard shares are down 0% from the beginning of the year, still down 3.29% from its 52 week high of $95.87 set on January 20. They are under-performing the S&P 500 which is up 3.06% from the start of the year.
Activision Blizzard shares gained 4.62% in after-hours trade following the report.
Activision Blizzard’s report follows an earnings beat by Apple on January 27, who reported EPS of $1.68 on revenue of $111.44B, compared to forecasts EPS of $1.42 on revenue of $103.27B.
Microsoft had beat expectations on January 26 with second quarter EPS of $2.03 on revenue of $43.08B, compared to forecast for EPS of $1.64 on revenue of $40.22B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
