Tuesday, October 06, 2015

King Q2 earnings compared to forecast

The consensus forecast for King's Q2 2015 EPS was 0.36. Based on the amount of Google searches for King's main titles by the end of Q2, I predicted an EPS of 0.45. Now, the actuals are out, and the real numbers are somewhere in the middle.

At a realised EPS for Q2 at 0.41, the surprise against the consensus forecast was 13.89%. My estimate had a negative surprise of -9%.

 King Gross bookings Q2 2015


As for revenue, I forecasted Q2 revenue to be $517M. Actuals turned out to be lower by 5%, at $490M.

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