Electronic Arts: Q1 Earnings Insights

Electronic Arts: Q1 Earnings Insights

Electronic Arts EA reported its Q1 earnings results on Tuesday, August 2, 2022 at 04:01 PM.

Here's what investors need to know about the announcement.

Earnings

Electronic Arts beat estimated earnings by 67.86%, reporting an EPS of $0.47 versus an estimate of $0.28.

Revenue was down $37.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 7.97% increase in the share price the next day.

Here's a look at Electronic Arts's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.43 3.22 1.17 0.62
EPS Actual 1.46 3.20 1.58 0.79
Revenue Estimate 1.77B 2.67B 1.75B 1.28B
Revenue Actual 1.75B 2.58B 1.85B 1.34B

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.43 3.22 1.17 0.62
EPS Actual 1.46 3.20 1.58 0.79
Revenue Estimate 1.77B 2.67B 1.75B 1.28B
Revenue Actual 1.75B 2.58B 1.85B 1.34B

To track all earnings releases for Electronic Arts visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings