Activision Blizzard Earnings: 3 Things to Watch
Activision Blizzard (NASDAQ: ATVI) investors are in for a volatile trading week. The video game developer will announce its latest earnings results on Tuesday, May 4, kicking off its fiscal 2021. Last year was a huge one for the business, as pandemic-related tailwinds supported soaring growth across game franchises like Call of Duty and Candy Crush. But Activision made its own luck, too, through popular title releases and a strong expansion in the free-to-play category.
With that big picture in mind, let's look at the top three trends in the upcoming report that will show whether the developer is still succeeding in its ambitious growth initiatives.
Wall Street pros are predicting that sales rose about 17% in Q1 to reach $1.8 billion. But the clearer picture on growth will come from the audience size metric.
Source Fool.com
