Electronic Arts (EA) PT Raised to $110 at Jefferies

Electronic Arts (EA) PT Raised to $105.16 at Benchmark; Reiterates Buy

February 1, 2017 7:53 AM EST

Benchmark raised its price target on Electronic Arts (NASDAQ: EA) to $105.16 (from $101.94) while maintaining a Buy rating following 3Q report.

Analyst Mike Hickey commented, "Sales were $2,070M (Guidance: $2,035M / Street: $2,052M / Benchmark: $2,025M), generating $35M in upside. Adjusted EPS of $2.48 (Guidance: $2.25 / Street: $2.30 / Benchmark: $2.24),... More

Oppenheimer Reiterates Outperform on Electronic Arts (EA) Following 3Q Report

February 1, 2017 7:35 AM EST

Oppenheimer reiterated an Outperform rating and $94.00 price target on Electronic Arts (NASDAQ: EA) following the company's 3Q earnings report. Total non-GAAP revenues were up 16% Y/Y. EA raised FY17 revenues/EPS guidance from $4.75B/$2.69 to $4.80B/$2.91, with $125M in expected change in deferred revenues... More

Electronic Arts (EA): Not Enough - Macquarie

February 1, 2017 6:19 AM EST

Macquarie analyst, Ben Schachter, reiterated his Outperform rating on shares of Electronic Arts (NASDAQ: EA) but recognized that the quarterly results aren't solid enough to support the share price.

EA posted a decent quarter with improved margins from an acceleration in digital. As expected,... More

Electronic Arts (EA) Tops Q3 EPS by 18c, Q4 Guidance Misses

January 31, 2017 4:05 PM EST

Electronic Arts (NASDAQ: EA) reported Q3 EPS of $2.48, $0.18 better than the analyst estimate of $2.30. Revenue for the quarter came in at $2.07 billion versus the consensus estimate of $2.05 billion.

GUIDANCE:

Electronic Arts sees Q4 2017 EPS of $0.72, versus the consensus of $0.81. Electronic... More

EA profit, revenue top estimates on strong 'Battlefield 1' sales

January 31, 2017 4:04 PM EST

(Reuters) - Video-game publisher Electronic Arts Inc (NASDAQ: EA) posted third-quarter adjusted revenue and profit that beat analysts' average estimate, helped by strong sales of first-person shooter game "Battlefield 1".

However, EA forecast current-quarter revenue slightly below Wall Street's expectations. EA had expected to launch two games in the quarter, but said on Tuesday it pushed out the release of one of them, NBA Live, to later in the year.

The company's shares were down 1.7 percent at $82 in extended trading on Tuesday.

"The fourth quarter for us is typically a very strong... More