Market Overview

EA Shares Rally 15+% Amid Much Better-Than-Expected Q4 Results, Strong Outlook

Keep An Eye On Video Gamers Following Activision Blizzard's Disappointing Guidance
Activision Blizzard Posts Top- And Bottom-Line Misses For Q4, Guidance Disappoints
Activision Blizzard Whiffs On Q4 EPS, Sales; Stock Sinks (Investor's Business Daily)

Shares of Electronic Arts (NASDAQ: EA) are one of the few stocks rising in Tuesday's post-market session after posting fourth-quarter results.

Revenue was 37.92 percent higher than expected at $1.12 billion. Sales grew by 7.69 percent year over year, but EPS of $0.48 dropped 12.72 percent. Amid the decline, EA's EPS beat the analyst consensus by an astounding 336.36 percent.

The company guided the first quarter to a $0.05 loss per share. If this figure is realized, it will be huge improvement over the past two years when Electronic Arts gave up $0.40 and $0.41 cents.

Electronic Arts guided EPS of $1.85 for the fiscal year 2015. This is a 10.8 percent increase over 2014's earnings of $1.67. Analysts on EA are currently looking for FY15 EPS of $1.52.

At last check, EA shares were trading at $32.40, 15.51 percent higher than Tuesday's closing price.

Posted-In: Earnings News Guidance


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