Electronic Arts Reports Q3 FY18 Financial Results

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Go back to Electronic Arts Reports Q3 FY18 Financial Results

Electronic Arts (EA) PT Raised to $150 at Bernstein; 'Massive Beat' on Live Services

January 31, 2018 7:32 AM EST

Bernstein raised its price target on Electronic Arts (NASDAQ: EA) to $150.00 (from $139.00) while maintaining a Outperform rating.

Analyst Todd Juenger notes EA's FQ3 missed on SWBF game sales (which was expected), but massively beat on Live Services (which was not). "Live... More

Electronic Arts (EA) PT Raised to $141 at Benchmark

January 31, 2018 6:53 AM EST

Benchmark raised its price target on Electronic Arts (NASDAQ: EA) to $141.00 while maintaining a Buy rating.

Analyst Mike Hickey notes live service growth accelerates and FY19 offers compelling growth.

... More

Electronic Arts (EA) Posts Q3 Loss of $0.60/Share, Boosts Q4 Outlook

January 30, 2018 4:06 PM EST

Electronic Arts (NASDAQ: EA) reported Q3 EPS of ($0.60), which does not compare to analyst estimate of $2.19. Revenue for the quarter came in at $1.16 billion versus the consensus estimate of $1.15 billion.

During the three months ended December 31, 2017, EA recognized $176 million of incremental income tax expense, or approximately $0.57 per share, due to the application of the Tax... More