Electronic Arts (EA) Tops Q3 EPS by 30c; Issues Mixed Outlook

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Go back to Electronic Arts (EA) Tops Q3 EPS by 30c; Issues Mixed Outlook

EA (EA) Estimates, PT Raised at Needham & Company Following 'Exceptionally Strong Quarter'

January 28, 2015 8:29 AM EST

Needham & Company analyst Sean McGowan reiterated a Buy rating and boosted his price target on Electronic Arts (NASDAQ: EA)to $58.00 (from $51.00) following strong Q3 which was lead by digital.

McGowan commented, "EA's revenues, operating profit and EPS in the December quarter greatly exceeded our... More

EA (EA) Price Target Lifted to $58 at Sterne Agee Post Q3

January 28, 2015 8:26 AM EST

Sterne Agee analyst Arvind Bhatia reiterated a Buy rating and boosted his price target on Electronic Arts (NASDAQ: EA) to $58.00 (from $54.00) following Q3 results, saying 30% operating margins seems achievable over the next three years.

commented, "Results significantly exceeded expectations, driven by strength in digital,... More