Electronic Arts Earnings Preview (ERTS)

Video game company, Electronic Arts (NASDAQ: ERTS) has been moving higher on above average volume today. The stock has appreciated 2% to $17.61 during the current session. Nearly 10 million shares have exchanged hands versus a daily average of around 8 million. It appears that investors and traders are buying this name ahead of EA's (ERTS) earnings report which will be released after the closing bell.

On January 11, Electronic Arts (ERTS) lowered their full year 2010 EPS guidance and the stock lost over 8% of its value. Therefore, any upside seen in the earnings report, could provide the share price with a boost. Analysts are estimating that EA will report earnings per share of $0.31 versus $0.56 in the year ago period.