EA profit, revenue top estimates on strong 'Battlefield 1' sales

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Go back to EA profit, revenue top estimates on strong 'Battlefield 1' sales

Electronic Arts (EA) PT Raised to $105.16 at Benchmark; Reiterates Buy

February 1, 2017 7:53 AM EST

Benchmark raised its price target on Electronic Arts (NASDAQ: EA) to $105.16 (from $101.94) while maintaining a Buy rating following 3Q report.

Analyst Mike Hickey commented, "Sales were $2,070M (Guidance: $2,035M / Street: $2,052M / Benchmark: $2,025M), generating $35M in upside. Adjusted EPS of $2.48 (Guidance: $2.25 / Street: $2.30 / Benchmark: $2.24),... More

Oppenheimer Reiterates Outperform on Electronic Arts (EA) Following 3Q Report

February 1, 2017 7:35 AM EST

Oppenheimer reiterated an Outperform rating and $94.00 price target on Electronic Arts (NASDAQ: EA) following the company's 3Q earnings report. Total non-GAAP revenues were up 16% Y/Y. EA raised FY17 revenues/EPS guidance from $4.75B/$2.69 to $4.80B/$2.91, with $125M in expected change in deferred revenues... More

Electronic Arts (EA) PT Raised to $110 at Jefferies

February 1, 2017 6:36 AM EST

Jefferies raised its price target on Electronic Arts (NASDAQ: EA) to $110.00 (from $105.00) while maintaining a Buy rating following a solid 'beat and raise' quarter.

Analyst Brian Fitzgerald commented, "Key title Battlefield 1 proved it was indeed the profit driver we were hoping for, delivering... More