Electronic Arts Reports Q2 FY16 Financial Results
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EA (EA) Numbers Lifted at Wedbush Amid Large Q2 Beat
October 30, 2015 10:49 AM EDTMichael Pachter from Wedbush published an EA (NASDAQ: EA) earnings recap this morning that highlights strength in the quarter, the impact of the Mirror's Edge shift, upside from Star Wars, and a tough FIFA comp.
EA reported EPS of $0.65 compared to consensus of $0.44 and guidance of $0.40. FY guidance was raised by $0.15 to $3.00, reflecting the upside and the shift of one title, Mirrors Edge Catalyst, from Q4:16 to Q1:17.
Revenue guidance was increased overall, and is consistent with Q3 performance... More
Electronic Arts (EA) PT Raised to $79 at Cowen
October 30, 2015 7:40 AM EDTCowen analyst Doug Creutz reiterated an Outperform rating and boosted his price target on Electronic Arts (NASDAQ: EA) to $79.00 (from $74.00) following solid results after the close.
Creut commented, "EA put up yet another strong quarter, with top and bottom line upside driven by continued... More
Electronic Arts (EA) PT Raised to $95 at Jefferies
October 30, 2015 7:19 AM EDTJefferies US Interactive Entertainment Team reiterated a Buy rating and boosted its price target on Electronic Arts (NASDAQ: EA) to $95.00 (from $80.00) following solid results after the close.
The analyst commented, "If EA can post such solid results in its "tough quarter" we are... More
Electronic Arts (EA) Tops Q2 EPS by 20c; Issues Solid Outlook
October 29, 2015 4:17 PM EDTElectronic Arts (NASDAQ: EA) reported Q2 EPS of $0.65, $0.20 better than the analyst estimate of $0.45. Revenue for the quarter came in at $1.15 billion versus the consensus estimate of $1.1 billion.
Its been a great quarter. Our EA SPORTS titles are connecting millions of passionate fans around the world to each other and... More
