Video game maker Electronic Arts (EA) knocked out Street views by 400% last week when it delivered per-share earnings of 15 cents, above views for 3 cents. Can Activision Blizzard (ATVI) and Take-Two Interactive (TTWO) do the same when they report quarterly results? Today’s Screen of the Day, Estimate Beaters, takes a look at companies that beat earnings estimates by a wide margin. Activision Blizzard The publisher behind the “Call of Duty”
Alibaba Group (BABA) announced the appointment of Michael Evans as president of the China e-commerce leader, a new position created to expand international growth. Evans has spent the last 20 years as a partner of Goldman Sachs (GS), where he served as vice chairman, head of global growth markets, and chairman of Asia. He will report to Alibaba Group CEO Daniel Zhang. Evans received his bachelor’s degree in politics from Princeton University in
Investors might want to know how soon Hortonworks (HDP) can deliver on the promise of Hadoop, but they shouldn’t necessarily look at the company’s second-quarter earnings Wednesday for an answer. Despite an encouraging contract with data storage giant EMC Corp (EMC) announced Tuesday, Hortonworks is expected to report a loss of 84 cents a share for Q2 Quarterly losses are at least into next year and likely into 2017, according to estimates of