Where Will Activision Blizzard Be in 1 Year?
Video game maker Activision Blizzard (NASDAQ: ATVI) has had a great year by just about any measure. Its player base significantly increased over 2019 thanks to Call of Duty's recent releases, putting the company on pace to report record bookings and profits for the full year.
The potential availability of a COVID-19 vaccine (or vaccines) and difficult year-over-year comparisons will likely make 2021 a more challenging time to maintain the recent momentum. But Activision Blizzard could have a few surprises up its sleeve and do just that.
For 2020, Activision Blizzard's latest guidance calls for total bookings to reach $8.1 billion, while adjusted earnings per share is expected to come in at $3.08. That's a year-over-year increase of 27% and 33%, respectively, for bookings and adjusted EPS.
Source Fool.com
