Electronic Arts Reports Q1 FY17 Financial Results
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Piper Jaffray Raises Price Target on Electronic Arts (EA) to $88 Following 1Q
August 3, 2016 8:09 AM EDTPiper Jaffray reiterated an Overweight rating on Electronic Arts (NASDAQ: EA), and raised the price target to $88.00 (from $87.00), following the company's 1Q earnings report. EPS was $0.07, ahead of the Street's estimate at -$0.02. However, Non-GAAP revenue of $682M missed the Street at $651M. EA maintained FY2017 guidance for rev of $4.9B... More
Mizuho Securities Reiterates Buy on Electronic Arts (EA) Following Solid 1Q Results
August 3, 2016 7:24 AM EDTMizuho Securities reiterated a Buy rating and $84.00 price target on Electronic Arts (NASDAQ: ) following the company's 1Q earnings report. EA reported net revenue of $682m, 5% above the Street's estimate of ~$650m. NonGAAP EPS of $0.07 came in ahead of the Street's ($0.02) estimates, and above the guide of ($0.05).
Analyst... More
