Electronic Arts (EA) Tops Q1 EPS by 12c; Updates FY15 Outlook

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Go back to Electronic Arts (EA) Tops Q1 EPS by 12c; Updates FY15 Outlook

Benchmark Raises Price Target on Electronic Arts (EA) to $80.99 Following 1Q EPS Beat

July 31, 2015 9:26 AM EDT

Benchmark reiterated a Buy rating on Electronic Arts (NASDAQ: EA), and raised the price target to $80.99 (from $67.29), following 1Q16 results. The Company reported sales of $693M compared to the Street's $653M. Adjusted EPS of $0.15 beat the Street's $0.03 estimates.

Analyst Mike Hickey commented,... More

Mizuho Securities Remains Bullish on Electronic Arts (EA) Following 1Q Results

July 31, 2015 7:36 AM EDT

Mizuho Securities reiterated a Buy rating and $75.00 price target on Electronic Arts (NASDAQ: EA) following 1Q results. Non-GAAP EPS of $0.15 blew past Street's estimate of $0.02. Revenues of $693 million also came in about 6% higher than expected. EA raised FY2016 revenue/EPS guidance by $50m/$0.10 to... More

Electronic Arts (EA) PT Up to $80 at Sterne Agee CRT Amid 'Beat and Raise' Qtr

July 31, 2015 7:31 AM EDT

Sterne Agee CRT analyst Arvind Bhatia reiterated a Buy rating and lifted estimates and his price target on Electronic Arts (NASDAQ: EA) to $80.00 (from $70.00) following 'beat and raise' quarter.

Bhatia commented, "EA reported better-than-expected F1Q16 (June) results and raised full year... More