Oppenheimer Reiterates Outperform on Electronic Arts (EA) Following 4Q Beat

Stifel Raises Price Target on Electronic Arts (EA) Following 4Q Beat

May 12, 2016 9:58 AM EDT

Stifel reiterated a Buy rating on Electronic Arts (NASDAQ: EA), and raised the price target to $82.00 (from $81.00), following the company's 4Q earnings report. EA reported non-GAAP EPS of $0.50 beating the consensus estimates ($0.44), and guidance ($0.40). FY4Q results capped a record year for the company.... More

UBS Remains Bullish on Electronic Arts (EA) Following 4Q Results

May 11, 2016 9:20 AM EDT

UBS maintained a Buy rating and $82.00 price target on Electronic Arts (NASDAQ: EA) following the company's solid 4Q earnings results. 1Q17 estimates for revenues were raised to $649mm (from $720mm). Adjusted EBITDA of $37mm was changed from $116mm previously. EPS is estimated to be $(0.02) (from $0.18).

Analyst Eric... More

Wall Street slumps as Disney and Macy's slam consumer shares

May 11, 2016 7:38 AM EDT

By Noel Randewich

(Reuters) - U.S. stocks dropped on Wednesday and the Dow Jones industrial average suffered its worst day since February as feeble quarterly reports from Walt Disney, Macy's and Fossil undermined confidence across the consumer sector.

The consumer discretionary index fell 1.98 percent, notching its worst day in three months, with all but three of its 88 components losing ground.

The biggest drag on the Dow, Disney (NYSE: DIS) dropped 4.04 percent after it posted a rare earnings miss.

Department store Macy's (NYSE:... More

Electronic Arts (EA) volatility elevated as shares rally 8% on Q1 and guidance

May 11, 2016 7:05 AM EDT

Electronic Arts (NASDAQ: EA) is recently up $5.31 to $69.85 in the premarket after reporting better than expected Q4 results and inline guidance. May weekly call option implied volatility is at 79, May is at 50, June is at 36; compared to its 52-week range of 22 to 49.

... More

Baird Reiterates Outperform on Electronic Arts (EA) Following 4Q Beat

May 11, 2016 7:01 AM EDT

Baird maintained an Outperform rating and $80.00 price target on Electronic Arts (NASDAQ: EA) following the company's 4Q earnings report. EA reported net revenues of $924M, well-above consensus of $889M and guidance of $875M, driven by strength in digital revenues, in particular extra content and... More

Early pre-open market-options summary

May 11, 2016 7:01 AM EDT

Globex S&P futures are recently down 4.50 from previous days SPX cash close as the dollar pulls back from a two-week high. Nikkei 225 up 0.08%, Hang Seng down 0.89%, DAX down 0.62%. WTI Crude oil is recently at $44.31, natural gas up 0.09%, gold at $1274 an ounce, copper up 1.58%.

Stocks and options... More

Electronic Arts (EA) In Line Guidance = Positive Surprise - Sterne Agee CRT

May 11, 2016 6:45 AM EDT

Sterne Agee analyst, Arvind Bhatia was concerned the initial Electronic Arts (NASDAQ: EA) guidance would be slightly below consensus because management tends to be conservative but despite weaker guidance for the June quarter, results plus full year guidance positioned the stock for upside.... More

After-Hours Stock Movers 05/10: (FUEL) (SQBG) (EA) Higher; (FOSL) (CJES) (FOGO) (DIS) Lower (more...)

May 10, 2016 5:42 PM EDT

Today's After-Hours Movers:

Fossil Group (NASDAQ: FOSL) 29% LOWER; reported Q1 EPS of $0.12, $0.03 worse than the analyst estimate of $0.15. Revenue for the quarter came in at $659.8 million versus the consensus estimate of $666.6 million. GUIDANCE: Fossil Group sees FY2016 EPS of $1.80-$2.80, versus the consensus of $3.02.

Rocket Fuel (NASDAQ: FUEL) 25.6% HIGHER; reported Q1 non-GAAP EPS of ($0.28), versus ($0.60) reported last year. non-GAAP Revenue for the quarter came in at $62.2 million, versus $58.8 million reported last year.

TransEnterix (NYSE:... More

Electronic Arts (EA) Tops Q4 EPS by 8c; Guides FY17 EPS Above Views

May 10, 2016 4:02 PM EDT

Electronic Arts (NASDAQ: EA) reported Q4 EPS of $0.50, $0.08 better than the analyst estimate of $0.42. Revenue for the quarter came in at $924 million versus the consensus estimate of $888.78 million.

GUIDANCE:

Electronic Arts sees Q1 2017 EPS of ($0.05), versus the consensus of $0.18. Electronic Arts... More

Trading Radar for 5/10: Disney (DIS), Electronic Arts (EA), Fossil (FOSL), Lumber Liquidators (LL), SodaStream (SODA) Report

May 9, 2016 2:47 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Earnings:

AECOM Technology (NYSE: ACM) - consensus EPS $0.72
ARIAD Pharma (Nasdaq: ARIA) - consensus loss $0.27
AgroFresh Solutions (NYSE: AGFS) - consensus loss $0.05
Allergan (NYSE: AGN) - consensus EPS $3.04
Alliqua (Nasdaq: ALQA) - consensus loss $0.25
Anacor Pharma (Nasdaq: ANAC) - consensus loss $0.35
Aralez Pharma... More