Activision Blizzard reports earnings Thursday May 5th after the bell. It’s ticker symbol is ATVI.
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It missed the earnings estimate last quarter.
Before that miss, it had reeled off 6 straight beats.
It has valuable franchises.
Like Call of Duty.
And World of Warcraft.
Call of Duty has a new game coming out later this year.
And a new World of Warcraft movie hits theaters June 10th.
Our favorite franchise is Guitar Hero.
Activision is trying to become a media company like Comcast and Disney.
Who knows? Maybe in their future, they’ll have a theme park.
Like Comcast’s Universal Studios.
Or Disneyland or Walt Disney World.
To capture more females and more mobile gamers.
Activision paid $6 B for Candy Crush maker, King Digital in February.
King is expected to contribute $2 B to the bottom line in 2016 for Activision.
Activision is diversifying its portfolio.
We think Activision’s earnings will rock!
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