Market Overview

Electronic Arts' Q3 Earnings Outlook

Share:

On Tuesday, Jan. 30, Electronic Arts (NASDAQ: EA) will release its latest earnings report. Here is Benzinga's outlook.

Earnings and Revenue

Wall Street analysts see Electronic Arts reporting earnings of $2.22 on revenue of $2.02 billion.

In the same quarter last year, Electronic Arts posted a profit of $2.49 on sales of $2 billion. If the company were to match the current consensus estimate, sales would be down 2.42 percent on a year-over-year basis.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

 

Quarter Q2 2018 Q1 2018 Q4 2017 Q3 2017
EPS Estimate 0.54 0.27 0.75 2.3
EPS Actual 0.62 0.31 0.85 2.49

 

Q3 EPS Estimate: $2.22
Q3 Revenues Estimate: $2 billion

Stock Performance

As of Jan. 30, Electronic Arts' share price was $115.20. For a full 12 months, the return has risen by 41 percent. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The average rating by analysts on Electronic Arts stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.

Conference Call

Electronic Arts' Q3 conference call is scheduled to begin at 5:00 p.m. ET and can be accessed here: https://edge.media-server.com/m6/p/jkpaatqa

 

Related Articles (EA)

View Comments and Join the Discussion!

Posted-In: Earnings News Previews Trading Ideas