Electronic Arts (EA) Tops Q1 EPS by 9c

Electronic Arts (NASDAQ: EA) reported Q1 EPS of $0.07, $0.09 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $682 million versus the consensus estimate of $650.66 million.

Fiscal Year 2017 Expectations – Ending March 31, 2017

• GAAP net revenue is expected to be approximately $4.750 billion.
• Change in deferred net revenue is expected to be approximately $150 million.
• GAAP net income is expected to be approximately $809 million.
• GAAP diluted earnings per share is expected to be approximately $2.56.
• Operating cash flow is expected to be approximately $1.300 billion.
• The Company estimates a share count of 316 million for purposes of calculating fiscal year 2017 GAAP diluted earnings per share.

For earnings history and earnings-related data on Electronic Arts (EA) click here.

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