Electronic Arts is a leading global interactive entertainment software company known for developing and publishing a wide variety of video games across multiple platforms
The company specializes in creating engaging and immersive experiences in various gaming genres, including sports, action, adventure, and simulation. EA is also recognized for its popular franchises, which resonate with a diverse audience and often feature multiplayer online functionalities. In addition to game development, Electronic Arts focuses on leveraging technology and innovation to enhance gameplay experiences, fostering vibrant online communities, and adapting to the evolving digital gaming landscape.
Video game publisher Electronic Arts (NASDAQEA) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 20.4% year on year to $1.88 billion. On the other hand, next quarter’s outlook exceeded expectations with revenue guided to $1.76 billion at the midpoint, or 8% above analysts’ estimates. Its GAAP profit of $1.11 per share was 3% above analysts’ consensus estimates.
U.S. stocks advanced midday Tuesday, demonstrating resilience despite escalating geopolitical tensions and trade uncertainties between the world’s two largest economies.
What has Wall Street been buzzing about this week? Here is a look at the top 5 buy calls and the top 5 sell calls made by Wall Street's best analysts during the trading week of Jan. 27-31, 2025.
Stay informed about the performance of the S&P500 index in the middle of the day on Friday. Uncover the top gainers and losers in today's session for valuable insights.
The S&P 500 Index ended off its highs due to a modest pullback on Friday as traders positioned themselves for the unfolding week’s earrings and the Federal Reserve’s interest-rate decision.
Trump revoked Biden's AI executive order as one of his first actions in office. OpenAI CEO Sam Altman expressed support for Trump, while EA's revenue declined due to slowdown in football. Instagram launched a new app to compete with TikTok and Perplexity reportedly bids to merge with TikTok.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Electronic Arts (NASDAQEA) and its peers.
Electronic Arts Inc. (NASDAQEA) saw a selloff due to a revenue forecast revision, but it may have been overreaction. Operating margin may increase and stock could rise.
