“Activision Blizzard’s results for Q3 exceeded our prior outlook as we continue to entertain large audiences, drive deep engagement, and attract significant audience investment across our franchises,” said Kotick. “Our unique advantage continues to be our ability to create the most compelling interactive and spectator entertainment based on our own franchises, combined with our direct digital connection to hundreds of millions of customers, in over 190 countries. In a statement to investors, however, Activision chief executive officer Bobby Kotick remained optimistic. As of the time of this writing, the stock is selling at $56.50 per share. The consensus among analysts was $1.34 earnings per share next quarter, but Activision anticipates earnings per share of just $1.27.įollowing that conservative outlook, the company’s stock price dropping 10 percent in after-hours trading. While a consensus among Wall Street analysts expected the company to predict an earnings per share of $2.64 for its fiscal 2018, the company gave an outlook of $2.46 earnings per share. Register Here Activision gives a weak outlook despite Black Ops 4īut while Call of Duty is ready to deliver some big numbers for Activision during its Q4, the publisher doesn’t have high expectations overall.

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