ATVI
$37.36
Activision Blizzard
($.09)
(.24%)

Earnings History

Earnings
Revenue
Reaction
Drift
EPS & Revenue Below Estimates
Q 03/2012
2/9/2012
4:15:00 PM
$0.03
$0.13
$797.9 mill
-2.6%
-3.2%
Guidance:
Consensus:
Activision Blizzard Guides Below Estimates

Activision Blizzard, Inc. said it expects first quarter earnings of approximately $0.03 per share on revenue of approximately $525.0 million. The current consensus earnings estimate is $0.13 per share on revenue of $797.9 million for the quarter ending March 31, 2012. The company said it expects 2012 earnings of approximately $0.94 per share on revenue of approximately $4.50 billion. The current consensus earnings estimate is $0.96 per share on revenue of $4.57 billion for the year ending December 31, 2012.
Raises Guidance Closer to Estimates
FY 2012
5/9/2012
4:05:00 PM
$0.95
$4.53 bil
$0.97
$4.58 bil
2.7%
-4.2%
Guidance:
Consensus:
Activision Blizzard Raises Guidance, but Remains Below Estimates

Activision Blizzard, Inc. said it expects second quarter earnings of approximately $0.10 per share on revenue of approximately $805.0 million. The current consensus earnings estimate is $0.14 per share on revenue of $824.3 million for the quarter ending June 30, 2012. The company said it expects 2012 earnings of approximately $0.95 per share on revenue of approximately $4.53 billion. The company's previous guidance was earnings of approximately $0.94 per share on revenue of approximately $4.50 billion and the current consensus earnings estimate is $0.97 per share on revenue of $4.58 billion for the year ending December 31, 2012.
Raises Guidance
FY 2012
8/2/2012
4:05:00 PM
$0.99
$4.63 bil
$0.98
$4.59 bil
-5.5%
0.3%
Guidance:
Consensus:
Activision Blizzard Raises 2012 Guidance

Activision Blizzard, Inc. said it expects third quarter earnings of approximately $0.07 per share on revenue of approximately $690.0 million. The current consensus earnings estimate is $0.10 per share on revenue of $715.4 million for the quarter ending September 30, 2012. However, the company also said it now expects 2012 earnings of approximately $0.99 per share on revenue of approximately $4.63 billion. The company's previous guidance was earnings of approximately $0.95 per share on revenue of approximately $4.53 billion and the current consensus earnings estimate is $0.98 per share on revenue of $4.59 billion for the year ending December 31, 2012.
EPS & Revenue Above Estimates
Q 12/2012
11/7/2012
4:05:00 PM
$0.70
$0.66
$2.34 bill
-1.2%
-8.2%
Guidance:
Consensus:
Activision Blizzard Guides Above Estimates

Activision Blizzard, Inc. said it expects fourth quarter earnings of approximately $0.70 per share on revenue of approximately $2.412 billion. The current consensus earnings estimate is $0.66 per share on revenue of $2.34 billion for the quarter ending December 31, 2012.
EPS & Revenue Below Estimates
FY 2013
2/7/2013
4:05:04 PM
$0.80
11.2%
8.9%
Guidance:
Consensus:
Activision Blizzard Guides Below Estimates

Activision Blizzard, Inc. said it expects first quarter non-GAAP earnings of approximately $0.10 per share on revenue of approximately $690.0 million. The current consensus earnings estimate is $0.10 per share on revenue of $710.4million for the quarter ending March 31, 2013. The company said it expects 2013 earnings of approximately $0.80 per share on revenue of approximately $4.175 billion. The current consensus earnings estimate is $0.91 per share on revenue of $4.56 billion for the year ending December 31, 2013.
Raises Guidance Closer to Estimates
FY 2013
5/8/2013
4:05:06 PM
$0.82
$4.25 bil
$0.85
$4.27 bil
-5.7%
4.1%
Guidance:
Consensus:
Activision Blizzard Raises Guidance to be Closer to Estimates

Activision Blizzard, Inc. said it expects second quarter non-GAAP earnings of approximately $0.05 per share on revenue of approximately $590.0 million. The current consensus earnings estimate is $0.05 per share on revenue of $608.5 million for the quarter ending June 30, 2013. The company also said it now expects 2013 earnings of approximately $0.82 per share on revenue of approximately $4.25 billion. The company's previous guidance was earnings of approximately $0.80 per share on revenue of approximately $4.175 billion and the current consensus earnings estimate is $0.85 per share on revenue of $4.27 billion for the year ending December 31, 2013.
Reaffirms
FY 2013
8/1/2013
4:05:05 PM
$0.82
$4.25 bil
$0.85
$4.29 bil
-0.6%
-4.0%
Guidance:
Consensus:
Activision Blizzard Reaffirms

Activision Blizzard, Inc. said it expects third quarter non-GAAP earnings of approximately $0.03 per share on revenue of approximately $585.0 million. The current consensus earnings estimate is $0.03 per share on revenue of $571.7 million for the quarter ending September 30, 2013. The company also said it continues to expect 2013 earnings of approximately $0.82 per share on revenue of approximately $4.25 billion. The current consensus earnings estimate is $0.85 per share on revenue of $4.29 billion for the year ending December 31, 2013.
EPS & Revenue Below Estimates
Q 12/2013
11/6/2013
4:05:07 PM
$0.72
$0.77
$2.29 bill
1.8%
9.9%
Guidance:
Consensus:
Activision Blizzard Lowers Fourth Quarter Guidance

Activision Blizzard, Inc. said it expects fourth quarter non-GAAP earnings of approximately $0.72 per share on revenue of approximately $2.215 billion. The company's previous guidance was earnings of $0.76 to $0.77 per share on revenue of $2.252 billion and the current consensus earnings estimate is $0.77 per share on revenue of $2.29 billion for the quarter ending December 31, 2013.
Provides Guidance
FY 2014
2/6/2014
4:04:14 PM
$1.26
14.4%
4.5%
Guidance:
Consensus:
Activision Blizzard Provides Guidance

Activision Blizzard, Inc. said it expects first quarter non-GAAP earnings of approximately $0.09 per share on revenue of approximately $675.0 million. The current consensus earnings estimate is $0.10 per share on revenue of $676.2 million for the quarter ending March 31, 2014. The company said it expects 2014 earnings of approximately $1.26 per share on revenue of approximately $4.60 billion. The current consensus earnings estimate is $1.27 per share on revenue of $4.66 billion for the year ending December 31, 2014.
Updates Guidance
FY 2014
5/6/2014
4:07:44 PM
$1.27
$4.675 bil
$1.29
$4.65 bil
8.8%
0.5%
Guidance:
Consensus:
Activision Blizzard Updates Guidance

Activision Blizzard, Inc. said it expects second quarter non-GAAP earnings of approximately $0.01 per share on revenue of approximately $600.0 million. The current consensus earnings estimate is $0.05 per share on revenue of $593.8 million for the quarter ending June 30, 2014. The company also said it expects 2014 earnings of approximately $1.27 per share on revenue of approximately $4.675 billion. The company's previous guidance was earnings of approximately $1.26 per share on revenue of approximately $4.60 billion and the current consensus earnings estimate is $1.29 per share on revenue of $4.65 billion for the year ending December 31, 2014.
Raises Guidance Closer to Estimates
FY 2014
8/5/2014
4:10:23 PM
$1.29
$4.70 bil
$1.31
$4.71 bil
2.6%
-2.7%
Guidance:
Consensus:
Activision Blizzard Raises Guidance to be Closer to Estimates

Activision Blizzard, Inc. said it expects third quarter non-GAAP earnings of approximately $0.11 per share on revenue of approximately $975.0 million. The current consensus earnings estimate is $0.12 per share on revenue of $889.8 million for the quarter ending September 30, 2014. The company also said it now expects 2014 earnings of approximately $1.29 per share on revenue of approximately $4.70 billion. The company's previous guidance was earnings of approximately $1.27 per share on revenue of approximately $4.675 billion and the current consensus earnings estimate is $1.31 per share on revenue of $4.71 billion for the year ending December 31, 2014.
EPS & Revenue Below Estimates
Q 12/2014
11/4/2014
4:06:50 PM
$0.86
$0.94
$2.34 bill
4.4%
-4.2%
Guidance:
Consensus:
Activision Blizzard Guides Fourth Quarter Below Estimates

Activision Blizzard, Inc. said it expects fourth quarter non-GAAP earnings of approximately $0.86 per share on revenue of approximately $2.20 billion. The current consensus earnings estimate is $0.94 per share on revenue of $2.34 billion for the quarter ending December 31, 2014.
EPS & Revenue Below Estimates
FY 2015
2/5/2015
4:13:13 PM
$1.15
1.3%
12.4%
Guidance:
Consensus:
Activision Blizzard Guides Below Estimates

Activision Blizzard, Inc. said it expects first quarter non-GAAP earnings of approximately $0.05 per share on revenue of approximately $640.0 million. The current consensus earnings estimate is $0.18 per share on revenue of $777.7 million for the quarter ending March 31, 2015. The company said it expects 2015 earnings of approximately $1.15 per share on revenue of approximately $4.40 billion. The current consensus earnings estimate is $1.37 per share on revenue of $4.71 billion for the year ending December 31, 2015.
EPS & Revenue Above Estimates
FY 2015
5/6/2015
4:05:03 PM
$1.20
$4.425 bil
$1.18
$4.44 bil
5.2%
8.3%
Guidance:
Consensus:
Activision Blizzard Raises Guidance

Activision Blizzard, Inc. said it expects 2015 non-GAAP earnings of approximately $1.20 per share on revenue of approximately $4.425 billion. The company's previous guidance was earnings of approximately $1.15 per share on revenue of approximately $4.40 billion and the current consensus earnings estimate is $1.18 per share on revenue of $4.44 billion for the year ending December 31, 2015.
EPS & Revenue Above Estimates
FY 2015
8/4/2015
4:05:07 PM
$1.30
$4.60 bil
$1.24
$4.47 bil
11.8%
3.4%
Guidance:
Consensus:
Activision Blizzard Raises Guidance

Activision Blizzard, Inc. said it expects third quarter non-GAAP earnings of approximately $0.14 per share on revenue of approximately $930.0 million. The current consensus earnings estimate is $0.15 per share on revenue of $861.0 million for the quarter ending September 30, 2015. The company also said it expects 2015 earnings of approximately $1.30 per share on revenue of approximately $4.60 billion. The company's previous guidance was earnings of approximately $1.20 per share on revenue of approximately $4.425 billion and the current consensus earnings estimate is $1.24 per share on revenue of $4.47 billion for the year ending December 31, 2015.
Guidance with Acquisition
FY 2016
2/11/2016
4:19:02 PM
$1.75
-7.9%
5.3%
Guidance:
Consensus:
Activision Blizzard Guides Above Revenue Estimates with Acquisition

Activision Blizzard, Inc. said it expects first quarter earnings of approximately $0.11 per share on revenue of approximately $800.0 million and 2016 earnings of approximately $1.75 per share on revenue of approximately $6.25 billion, including the acquisition of King Digital. The current consensus earnings estimate is $0.17 per share on revenue of $744.4 million for the quarter ending March 31, 2016 and $1.55 per share on revenue of $5.05 billion for the year ending December 31, 2016.
Raises Guidance Closer to Estimates
FY 2016
5/5/2016
4:05:15 PM
$1.78
$6.275 bil
$1.79
$6.29 bil
8.5%
3.5%
Guidance:
Consensus:
Activision Blizzard Raises Guidance to be Closer to Estimates

Activision Blizzard, Inc. said it expects second quarter earnings of approximately $0.38 per share on revenue of approximately $1.375 billion. The current consensus earnings estimate is $0.33 per share on revenue of $1.35 billion for the quarter ending June 30, 2016. The company said it expects 2016 earnings of approximately $1.78 per share on revenue of approximately $6.275 billion. The company's previous guidance was earnings of approximately $1.75 per share on revenue of approximately $6.25 billion and the current consensus earnings estimate is $1.79 per share on revenue of $6.29 billion for the year ending December 31, 2016.
Raises Guidance Closer to Estimates
FY 2016
8/4/2016
4:05:30 PM
$1.83
$6.40 bil
$1.88
$6.45 bil
-0.7%
-2.6%
Guidance:
Consensus:
Activision Raises Guidance, but Remains Below Estimates

Activision Blizzard, Inc. said it expects third quarter earnings of approximately $0.39 per share on revenue of approximately $1.49 billion. The current consensus earnings estimate is $0.36 per share on revenue of $1.53 billion for the quarter ending September 30, 2016. The company said it expects 2016 earnings of approximately $1.83 per share on revenue of approximately $6.40 billion. The company's previous guidance was earnings of approximately $1.78 per share on revenue of approximately $6.275 billion and the current consensus earnings estimate is $1.88 per share on revenue of $6.45 billion for the year ending December 31, 2016.
Raises Guidance
FY 2016
11/3/2016
4:05:12 PM
$1.92
$6.45 bil
$1.98
$6.54 bil
-3.9%
-4.0%
Guidance:
Consensus:
Activision Blizzard Raises Guidance to be Closer to Estimates

Activision Blizzard, Inc. said it expects 2016 earnings of approximately $1.92 per share on revenue of approximately $6.45 billion. The company's previous guidance was earnings of approximately $1.83 per share on revenue of approximately $6.40 billion and the current consensus earnings estimate is $1.98 per share on revenue of $6.54 billion for the year ending December 31, 2016.
Date
Grade
Actual
Earnings
Whisper
Consensus
Estimate
Surprise
Growth
Gap
Drift
2/9/2012
4:15:00 PM
Dec '11
Q4 '11
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C+
EPS
Rev
$0.59
$1.4 Bil
$0.60
$0.55
$2.2 Bil
-1.7%
-36.0%
9.7%
-1.4%
-0.2%
-3.2%
5/9/2012
4:05:00 PM
Mar '12
Q1 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C+
EPS
Rev
$0.07
$1.2 Bil
$0.08
$0.04
$550.84 Mil
-12.5%
112.8%
-70.2%
-19.1%
1.8%
-4.2%
8/2/2012
4:05:00 PM
Jun '12
Q2 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B
EPS
Rev
$0.20
$1.1 Bil
$0.15
$0.13
$831.79 Mil
33.3%
29.2%
97.1%
-6.2%
-1.4%
0.3%
11/7/2012
4:05:00 PM
Sep '12
Q3 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B+
EPS
Rev
$0.12
$841.00 Mil
$0.10
$0.07
$709.00 Mil
20.0%
18.6%
90.5%
11.5%
3.3%
-8.2%
2/7/2013
4:05:04 PM
Dec '12
Q4 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B
EPS
Rev
$0.77
$1.8 Bil
$0.76
$0.71
$2.4 Bil
1.3%
-27.5%
23.3%
25.7%
9.5%
8.9%
5/8/2013
4:05:06 PM
Mar '13
Q1 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B-
EPS
Rev
$0.17
$1.3 Bil
$0.15
$0.11
$705.04 Mil
13.3%
87.8%
254.9%
13.0%
-6.4%
4.1%
8/1/2013
4:05:05 PM
Jun '13
Q2 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C
EPS
Rev
$0.06
$1.1 Bil
-
$0.06
$601.10 Mil
-
74.7%
-63.1%
-2.3%
-1.4%
-4.0%
11/6/2013
4:05:07 PM
Sep '13
Q3 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C
EPS
Rev
$0.09
$691.00 Mil
$0.05
$0.03
$589.01 Mil
80.0%
17.3%
-47.5%
-17.8%
-2.6%
9.9%
2/6/2014
4:04:14 PM
Dec '13
Q4 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B
EPS
Rev
$0.79
$1.5 Bil
$0.78
$0.73
$2.2 Bil
1.3%
-31.6%
-29.9%
-14.1%
10.4%
4.5%
5/6/2014
4:07:44 PM
Mar '14
Q1 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C
EPS
Rev
$0.19
$1.1 Bil
$0.14
$0.10
$691.14 Mil
35.7%
60.7%
-32.0%
-16.1%
4.5%
0.5%
8/5/2014
4:10:23 PM
Jun '14
Q2 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$0.07
$970.00 Mil
$0.05
$0.02
$605.83 Mil
40.0%
60.1%
-58.7%
-7.6%
5.8%
-2.7%
11/4/2014
4:06:50 PM
Sep '14
Q3 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C
EPS
Rev
$0.26
$753.00 Mil
$0.17
$0.13
$1.0 Bil
52.9%
-24.7%
114.9%
9.0%
6.8%
-4.2%
2/5/2015
4:13:13 PM
Dec '14
Q4 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$0.95
$1.6 Bil
$0.93
$0.88
$2.2 Bil
2.2%
-29.7%
13.5%
3.8%
-5.8%
12.4%
5/6/2015
4:05:03 PM
Mar '15
Q1 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C
EPS
Rev
$0.17
$1.3 Bil
$0.13
$0.07
$655.28 Mil
30.8%
95.0%
-18.7%
15.0%
0.2%
8.3%
8/4/2015
4:05:07 PM
Jun '15
Q2 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$0.14
$1.0 Bil
$0.11
$0.08
$666.13 Mil
27.3%
56.7%
148.4%
7.6%
8.0%
3.4%
11/2/2015
4:00:00 AM
Sep '15
Q3 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G F
EPS
Rev
$0.20
$990.00 Mil
$0.21
$0.15
$950.94 Mil
-4.8%
4.1%
-12.6%
31.5%
-1.5%
-0.6%
2/11/2016
4:19:02 PM
Dec '15
Q4 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D-
EPS
Rev
$0.81
$1.4 Bil
$0.89
$0.83
$2.2 Bil
-9.0%
-38.5%
-10.6%
-14.1%
-6.1%
5.3%
5/5/2016
4:05:15 PM
Mar '16
Q1 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$0.21
$1.5 Bil
$0.15
$0.12
$811.92 Mil
40.0%
79.2%
42.0%
13.8%
6.0%
3.5%
8/4/2016
4:05:30 PM
Jun '16
Q2 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D-
EPS
Rev
$0.44
$1.6 Bil
$0.45
$0.41
$1.5 Bil
-2.2%
4.7%
297.1%
50.4%
3.5%
-2.6%
11/3/2016
4:05:12 PM
Sep '16
Q3 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D+
EPS
Rev
$0.46
$1.6 Bil
$0.43
$0.39
$1.6 Bil
7.0%
-0.1%
151.5%
58.4%
-5.4%
-4.0%
EPS
Rev
-
-
-
$0.75
$2.3 Bil
-
-
-7.4%
70.7%
EPS
Rev
-
-
-
-
$1.3 Bil
-
-
-
-12.7%
2/9/2011
$11.69
$0.72
$4.45 Bil
-
-
-
2/9/2012
$12.66
$0.86
$4.76 Bil
19.4%
6.9%
8.3%
2/7/2013
$12.06
$1.10
$4.86 Bil
27.9%
2.1%
-4.7%
2/6/2014
$17.17
$0.87
$4.58 Bil
-20.9%
-5.6%
42.4%
2/5/2015
$21.82
$1.33
$4.41 Bil
52.9%
-3.8%
27.1%
2/11/2016
$30.52
$1.23
$4.66 Bil
-7.5%
5.8%
39.9%
2/11/2017
$37.36
$1.91
$6.53 Bil
55.3%
40.0%
22.4%
2/11/2018
-
$1.86
$6.96 Bil
-2.6%
6.6%
-
2/11/2019
-
-
-
-
-
-

Price Projection

Current Value
$30
-21%
Projected Price
-
-