Electronic Arts Reports Q4 FY17 and Full Year FY17 Financial Results

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Electronic Arts (EA) PT Raised to $105 at Oppenheimer Following 4Q Results

May 10, 2017 7:43 AM EDT

Oppenheimer raised its price target on Electronic Arts (NASDAQ: EA) to $105.00 (from $94.00) while maintaining a Outperform rating. The company reported 4Q revenues of $1.09B, in-line with the Street's estimate. EPS of $0.85 topped the Street's $0.75 estimate.

Electronic Arts' 2018 annual non-GAAP revenue target of... More

Electronic Arts (EA) PT Raised to $108 at Macquarie

May 10, 2017 7:39 AM EDT

Macquarie raised its price target on Electronic Arts (NASDAQ: EA) to $108.00 (from $105.00) while maintaining a Outperform rating.

Benjamin Schachter notes a solid beat and guidance that exceeded estimates despite shifting the new BioWare action title out of the year. Also Star Wars... More

Electronic Arts (EA) PT Raised to $123 at Jefferies; 'Robust Digital Growth'

May 10, 2017 6:43 AM EDT

Jefferies raised its price target on Electronic Arts (NASDAQ: EA) to $123.00 (from $110.00) while maintaining a Buy rating.

Analyst Timothy O'Shea noted robust digital growth around Battlefield and FIFA delivered a big beat despite weakness of key frontline title Mass... More

Electronic Arts (EA) PT Raised to $115 at Mizuho Securities Following Strong 'Beat and Raise'

May 10, 2017 5:43 AM EDT

Mizuho Securities raised its price target on Electronic Arts (NASDAQ: EA) to $115.00 (from $94.00) while maintaining a Buy rating following a strong 'beat and raise'

Analyst San Phan cited solid digital strength across its game portfolio and materially b-t-e gross margin. More importantly, the company... More

Electronic Arts (EA) Tops Q4 EPS by 10c, Approves $1.2B Buyback

May 9, 2017 4:06 PM EDT

Electronic Arts (NASDAQ: EA) reported Q4 EPS of $0.85, $0.10 better than the analyst estimate of $0.75. Revenue for the quarter came in at $934 billion versus the consensus estimate of $1.09 billion.

EA announced a new $1.2 billion, two-year stock repurchase program.

GUIDANCE:

Electronic... More