Electronic Arts (EA) Tops Q4 EPS by 11c
Electronic Arts (NASDAQ: EA) reported Q4 EPS of $1.28, $0.11 better than the analyst estimate of $1.17. Revenue for the quarter came in at $1.58 billion, may not compare to consensus estimate of $1.24 billion.
Fiscal Year 2019 Expectations – Ending March 31, 2019
Financial metrics:
Net revenue is expected to be approximately $5.600 billion.
Change in deferred net revenue (online-enabled games) is expected to be approximately $250 million.
Mobile platform fees are expected to be approximately ($300) million.
Net income is expected to be approximately $1.108 billion.
Diluted earnings per share is expected to be approximately $3.55.
Operating cash flow is expected to be approximately $1.825 billion.
The Company estimates a share count of 312 million for purposes of calculating fiscal year 2019 diluted earnings per share.
(Street sees FY revenue of $5.16 billion)
For earnings history and earnings-related data on Electronic Arts (EA) click here.
