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Activision Blizzard announced earnings per share of $0.76 on revenue of $2.06B. Analysts polled by Investing.com anticipated EPS of $0.7068 on revenue of $1.82B.
Activision Blizzard shares are up 18% from the beginning of the year, still down 20.95% from its 52 week high of $99.44 set on June 14, 2021. They are outperforming the Nasdaq which is down 17.93% from the start of the year.
Activision Blizzard shares lost 0.06% in pre-market trade following the report.
Activision Blizzard’s report follows an earnings beat by Verizon on Friday, who reported EPS of $1.35 on revenue of $33.55B, compared to forecasts EPS of $1.34 on revenue of $33.61B.
AT&T had beat expectations on Thursday with first quarter EPS of $0.77 on revenue of $38.11B, compared to forecast for EPS of $0.6183 on revenue of $38.24B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
