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Recap: Activision Blizzard Q2 Earnings

Activision Blizzard (NASDAQ:ATVI) reported its Q2 earnings results on Monday, August 1, 2022 at 04:00 PM. Here's what investors need to know about the announcement.
byBenzinga Insights
August 1, 2022
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Activision Blizzard (NASDAQ:ATVI) reported its Q2 earnings results on Monday, August 1, 2022 at 04:00 PM.

Here’s what investors need to know about the announcement.

Earnings

Activision Blizzard missed estimated earnings by 2.08%, reporting an EPS of $0.47 versus an estimate of $0.48.

Revenue was down $284.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.32 which was followed by a 1.27% drop in the share price the next day.

Here’s a look at Activision Blizzard’s past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.70 1.31 0.70 0.75
EPS Actual 0.38 1.25 0.72 0.91
Revenue Estimate 1.80B 2.82B 1.88B 1.89B
Revenue Actual 1.48B 2.49B 1.88B 1.92B

To track all earnings releases for Activision Blizzard visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

 
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