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Activision Blizzard Earnings: Call of Duty Sales Lag, Stock Gains on Buyback

3 reported the company as a "Hold". 0 revealed "Sell" signal and "Underweight" rating was declared by 0.

For the fourth quarter, Santa Monica, Calif. -based Activision posted earnings of 65 cents a share, below analysts surveyed at Factset's expectations of earnings of 73 cents a share. The Actual EPS was $0.46 compared to the Estimated EPS of $0.39. Thus showing a Surprise of 91.7 percent.

"14" Analysts are expecting that the company to declare next quarterly earnings of $0.38 per share for period Quarter Ending_Jun-17.

Nevertheless, looking ahead, ATVI stock anticipates earning 25 cents per share for the quarter now underway, versus analyst estimates for a profit of 31 cents per share of ATVI.

Revenues rose to $2.01 billion from $1.35 billion but were also below the $2.36 billion mean estimate. This is the current Zacks consensus EPS which was calculated at the time of writing.

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Activision shares are trading up 16.61 percent at last check. The company traded as high as $46.33 and last traded at $46.35, with a volume of 37,273,248 shares trading hands. The stock remained 12.44% volatile for the week and 4.89% for the month. comScore (SCOR) recently declared that its Board of Directors has adopted and reached a Tax Asset Protection Rights Agreement, dated February 8, 2017 (the "Plan"), between the Company and American Stock Transfer & Trust Company, LLC, as Rights Agent, created to preserve the Company's ability to utilize without limitation its net operating loss ("NOL") carryforwards and other noteworthytax attributes to offset future taxable income. Developed J. Welles Wilder, the Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. The stock's 50-day moving average is $38.44 and its 200-day moving average is $40.55. The stock is now trading -3.23% below its SMA 50 and 9.72% above its SMA 200. Overall, the share price is up 10.02% so far this year. Barclays PLC raised their price objective on Activision Blizzard to $48.00 in a report on Friday. The stock price recently experienced a 5-day loss of -1.83% with 0.71 average true range (ATR).

Beta factor of the stock stands at 0.98. Sales during the quarter are predicted to arrive at $1.2 billion.

The company shows its Return on Assets (ROA) value of 6.2%. Activision Blizzard had a return on equity of 16.63% and a net margin of 13.81%. The stock carved out a 52-week low down at $26.28.

Taking a glance at past performance, we will examine different up or down moving trends about ATVI.

To analyze a stock, one should look for Upgrades and Downgrades of a stock. And given how well the strategy is going, the sky seems to be the limit for the stock. Inside the closing six months period the stock's performance declined -3.33% while overall yearly performance gained 32.85%. Therefore, the stated figure displays a quarterly performance of -4.62% and year to date performance of 8.53%. It ended the quarter with $4.89 billion in long-term debt, which cost it $43 million in interest payments during Q4.

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