Electronic Arts Reports Q2 FY22 Financial Results

Electronic Arts (EA) PT Raised to $179 at Stifel

Stifel analyst Drew Crum raised the price target on Electronic Arts (NASDAQ: EA) to $179.00 (from $170.00) while maintaining a Buy rating.

The analyst commented, "Electronic Arts reported better-than-expected FY2Q results. Key franchises drove the outperformance, notably Apex Legends and FIFA, both of which... More

Electronic Arts (EA) Stock Edges Higher on Raised Outlook as Sports Video Games Excel, Analyst Sees Shares Outperformance Going Forward

Shares of Electronic Arts (NASDAQ: EA) are up nearly 3% higher in pre-open Thursday after the company presented its FQ2 results.

EA reported Q2 EPS of $1.02 to miss on the analyst estimate of $1.17. Net bookings for the quarter came in at $1.85 billion versus the consensus estimate of $1.74 billion.

On the outlook front, the company is calling for FY22 net bookings of $7.625 billion, higher than the consensus of $7.58 billion.

This was the strongest second quarter in the... More

Electronic Arts (EA) PT Raised to $170 at Oppenheimer

Oppenheimer analyst Andrew Uerkwitz raised the price target on Electronic Arts (NASDAQ: EA) to $170.00 (from $165.00) while maintaining an Outperform rating.

The analyst commented, "EA delivered better-than-expected F2Q22 results, beating net bookings guidance by $126M and raising full-year guidance again, by $250M. Management's... More

Electronic Arts (EA) Q2 Beats

Electronic Arts (NASDAQ: EA) reported Q2 EPS of $1.02, $0.15 worse than the analyst estimate of $1.17. Net bookings for the quarter came in at $1.85 billion versus the consensus estimate of $1.74 billion.

GUIDANCE:

Electronic Arts sees FY2022 net bookings of $7.625 billion, versus the... More