UPDATE: Activision Blizzard Q2 Adj EPS $1.08 Beats $0.88 Estimate, Sales $2.46B Beat $2.37B Estimate
Portfolio Pulse from Benzinga Newsdesk
Activision Blizzard reported Q2 earnings of $1.08 per share, beating the analyst consensus estimate of $0.88 by 22.73%. The company also reported quarterly sales of $2.46 billion, surpassing the analyst consensus estimate of $2.37 billion by 3.84%. This represents a 129.79% increase in earnings and a 50.34% increase in sales compared to the same period last year.
July 19, 2023 | 1:03 pm
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POSITIVE IMPACT
Activision Blizzard's Q2 earnings and sales exceeded estimates, indicating strong financial performance.
Activision Blizzard's Q2 earnings and sales beat estimates, which is a positive signal for investors. This could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100