Electronic Arts (EA) PT Raised to $91 at Baird; Flagship Strength Overshadows Titanfall Concerns
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UBS Adjusts Estimates on Electronic Arts (EA) Following 2Q Report
November 2, 2016 9:31 AM EDTUBS reiterated a Buy rating and $90.00 price target on Electronic Arts (NASDAQ: EA) following the company's 2Q earnings report. UBS adjusted non-GAAP revenue estimates to $2.11b from $2.10b. Adjusted EPS estimates was raised to $2.37 from $2.33.
Analyst Eric Sheridan commented, "In FQ2, EA once again... More
Electronic Arts (EA) Reports Q2 Revenue of $1.1B
November 1, 2016 4:15 PM EDTElectronic Arts (NASDAQ: EA) reported Q2 EPS of ($0.13), may not compare to the analyst estimate of $0.43. Revenue for the quarter came in at $1.1 billion versus the consensus estimate of $1.09 billion.
GUIDANCE:
Electronic Arts sees FY2017 EPS of $2.69, may not compare to... More
'FIFA' publisher EA hikes full-year revenue, profit forecast
November 1, 2016 4:09 PM EDTBy Anya George Tharakan
(Reuters) - Electronic Arts Inc's (NASDAQ: EA) second-quarter revenue edged past analysts' estimates and the videogame publisher raised its full-year revenue and profit forecast, indicating strong interest for its recently launched games.
"FIFA 17," the newest version of EA's top-selling soccer franchise, debuted at the end of September, while the company launched the highly anticipated "Battlefield 1" and "Titanfall 2" shooter games in October.
Those games will face competition from Activision Blizzard Inc's (NASDAQ: ATVI) "Call of Duty: Infinite Warfare" and Ubisoft Entertainment SA's "Watch... More
