Electronic Arts Reports Q2 FY20 Financial Results
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Oppenheimer Reiterates Outperform Rating on Electronic Arts (EA) Following 2Q
October 30, 2019 8:24 AM EDTOppenheimer analyst Andrew Uerkwitz reiterated an Outperform rating and $110.00 price target on Electronic Arts (NASDAQ: EA) following the company's 2Q earnings report. EA reported better-than-expected F2Q20 net bookings / non-GAAP EPS of $1,277M/$0.97, compared to consensus of $1,247M/$0.86E.
F3Q20 net bookings /... More
Electronic Arts (EA) Tops Q2 EPS by 11c, Offers Outlook
October 29, 2019 4:04 PM EDTElectronic Arts (NASDAQ: EA) reported Q2 EPS of $0.97, $0.11 better than the analyst estimate of $0.86. Revenue for the quarter came in at $1.28 billion versus the consensus estimate of $1.25 billion.
Outlook:
Fiscal Year 2020 Expectations Ending March 31, 2020
Financial metrics:
Net revenue is expected to be approximately $5.410 billion.Change in deferred... More