30.01.2024 22:29:29 - dpa-AFX: Electronic Arts Inc Profit Rises In Q3, but misses estimates

REDWOOD SHORES (dpa-AFX) - Electronic Arts Inc (EA) announced earnings for
its third quarter that increased from the same period last year but missed the
Street estimates.

The company's earnings came in at $290 million, or $1.07 per share. This
compares with $204 million, or $0.73 per share, in last year's third quarter.

Analysts on average had expected the company to earn $2.93 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 3.7% to $1.95 billion from $1.88
billion last year.

Electronic Arts Inc earnings at a glance (GAAP) :

-Earnings (Q3): $290 Mln. vs. $204 Mln. last year.
-EPS (Q3): $1.07 vs. $0.73 last year.
-Analyst Estimate: $2.93
-Revenue (Q3): $1.95 Bln vs. $1.88 Bln last year.

-Guidance:
Next quarter EPS guidance: $0.20 - $0.68.
Next quarter revenue guidance: $1.625-$1.925 bln
Full year EPS guidance: $4.21-$4.68
Full year revenue guidance: $7.408-$7.708 bln


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
EL. ARTS INC. DL-,01 878372 Xetra 119,100 29.04.24 13:11:57 -1,020 -0,85% 119,400 119,940 119,380 120,120

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