Electronic Arts (EA) Tops Q2 EPS by 20c; Issues Solid Outlook

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Go back to Electronic Arts (EA) Tops Q2 EPS by 20c; Issues Solid Outlook

EA (EA) Numbers Lifted at Wedbush Amid Large Q2 Beat

October 30, 2015 10:49 AM EDT

Michael 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 EDT

Cowen 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 EDT

Jefferies 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