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Question on Earnings
expectations for EA and ATVI
EA is supposed to post improvements over the next year, i.e.
trailing PE is ~24 and Forward PE below 21
ATVI has a ton of expectattons (priced in??) given that its
trailing PE is > 40 and forward PE is 20
I know that ATVI has a full slate of game releases these
Holidays, but are the expectations correct? Given that it
currently sports a high PE (relative to the S&P), are they
correct? And if so, what about after the Holidays? Next
year Holidays for example? Is the current high multiple
sustainabe?
As to EA, it looks even more overpriced given that this year's
growth is rather tame.
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