© Reuters. Activision Blizzard earnings, revenue topped in fourth quarter
Investing.com – Activision Blizzard (NASDAQ 🙂 reported on Thursday the fourth quarter that it beat analyst forecasts and revenue was above expectations. Activision Blizzard announced earnings per share of $ 1.21 on revenue of $ 3.05B. Analysts surveyed by Investing.com anticipated EPS of $ 1.17 on revenue of $ 2.82 billion. Activision Blizzard stock is down 0% since the beginning of the year, still 3.29% from its 52-week high of $ 95.87 set on January 20. They are below the S&P 500, which is up 3.06% since the beginning of the year. Activision Blizzard shares gained 4.62% in after-hours trading after the report. Activision Blizzard follows other major tech sector gains this month Activision Blizzard report follows earnings from Apple on January 27, who reported EPS of $ 1.68 on revenue of $ 111.44B, compared to EPS forecasts of $ 1.42 on income of $ 103.27B. Microsoft had beaten expectations on January 26 with a second quarter EPS of $ 2.03 on revenue of $ 43.08B, compared to the EPS forecast of $ 1.64 on revenue of $ 40.22B. Stay up to date on all upcoming earnings reports by visiting the Investing.com earnings calendar.