2 Top Video Game Stocks in Action Before Earnings

Activision Blizzard, Inc. (NASDAQ:ATVI) will unveil its latest earnings on Tuesday, November 8, 2011. The average estimate of analysts is for profit of one cent per share, a decline of 75% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from breaking even. Between one and three months ago, the average estimate moved up. It has been unchanged at one cent during the last month. For the year, analysts are projecting net income of 74 cents per share, a rise of 2.8% from last year.

Last quarter, the company reported profit of 9 cents per share versus a mean estimate of net income of. The company has beaten estimates for the past three quarters. On average, analysts predict $558.4 million in revenue this quarter, a decline of 34.8% from the year ago quarter. Analysts are forecasting total revenue of $4.11 billion for the year, a decline of 14.4% from last year’s revenue of $4.8 billion.

Competitors to Watch: Electronic Arts Inc. (NASDAQ:ERTS), Microsoft Corporation (NASDAQ:MSFT), Take-Two Interactive Software, Inc. (NASDAQ:TTWO), THQ Inc. (NASDAQ:THQI), Nintendo Co., Ltd (NTDOY), Majesco Entertainment Co. (NASDAQ:COOL), KONAMI CORPORATION (NYSE:KNM), Sony Corporation (NYSE:SNE), Silverstar Holdings Ltd. (SSTRF), and Gravity Co., LTD. (NASDAQ:GRVY).

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) will unveil its latest earnings on Tuesday, November 8, 2011. The average estimate of analysts is for a loss of 63 cents per share, a swing from profit of 58 cents in the year earlier quarter. During the past three months, the average estimate has moved down from a loss of 23 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at a loss of 63 cents during the last month. Analysts are projecting net loss of 13 cents per share versus net income of 74 cents last year.

The company missed estimates last quarter after beating forecasts in the prior two. In the third quarter, the company reported a loss of 7 cents per share versus a mean estimate of profit of 2 cents per share. In the first quarter, the company beat estimates by 24 cents.

Competitors to Watch: Electronic Arts Inc. (NASDAQ:ERTS), Microsoft Corporation (NASDAQ:MSFT), THQ Inc. (NASDAQ:THQI), Activision Blizzard, Inc. (NASDAQ:ATVI), Majesco Entertainment Co. (NASDAQ:COOL), KONAMI CORPORATION (NYSE:KNM), Silverstar Holdings Ltd. (SSTRF), Zoo Entertainment, Inc. (ZOO), Handleman Company (HDLM), and Sony Corporation (NYSE:SNE).

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