Investors will also be watching how much Epic Games’ Fortnite has dented Call of Duty and Overwatch sales. If the actual results are less damaging than the rumors, ATVI bulls may give the stock a boost.
The Blizzard side is also pretty strong, thanks to the massive interest generated by Overwatch League, launched in January this year. This is extremely encouraging for a unit that has been posting over 40 million Monthly Active Users consecutively in the past six quarters. On the other hand, Monthly Active Users rose 12% sequentially for Activision in the fourth quarter to a record 55 million gamers.
Investors will also be watching how much Epic Games’ Fortnite has dented Call of Duty and Overwatch sales.
Meanwhile, a slowdown in the casual gamer base in King Digital has been an area of concern. This slowdown had dragged Activision Blizzard’s overall audience down about 14% to 385 million by 2017-end.
Video-gaming behemoth is also reportedly planning to diversify its business, in line with Disney (DIS), to monetize its wide array of products through merchandise as well as various media channels. Investors will also be keen on collecting clues regarding the same during the earnings conference call.