Electronic Arts Inc. (ERTS) Up As Market Awaits Results

Shares of video game producer Electronic Arts Inc. (Nasdaq: ERTS) rose over 2% as financial results from the fiscal 3rd quarter were anticipated.

According to a poll of analysts by Thomson Reuters, earnings are expected to be 31 cents a share, a fall of 45% from the same period a year earlier. The analysts also expected revenue to fall 23% to $1.34 billion.

Analysts will be paying close attention for any information about the March quarter. Video game producers are hoping that a slew of new releases will increase consumer spending on video games.