Electronic Arts earnings beat by $0.44, revenue fell short of estimates

Investing.com – Electronic Arts (NASDAQ: ) reported first quarter EPS of $1.47, $0.44 better than the analyst estimate of $1.03. Revenue for the quarter came in at $1.58B versus the consensus estimate of $1.59B.

Guidance

Electronic Arts sees Q2 2024 EPS of $1.10-$1.30 versus the analyst consensus of $1.49.

Electronic Arts sees Q2 2024 revenue of $1.83B-$1.93B versus the analyst consensus of $1.81B.

Electronic Arts sees FY 2024 EPS of $6.35-$6.95 versus the analyst consensus of $6.87.

Electronic Arts sees FY 2024 revenue of $7.30B-$7.70B versus the analyst consensus of $7.61B.

Electronic Arts’s stock price closed at $136.12. It is up 8.53% in the last 3 months and up 5.61% in the last 12 months.

Electronic Arts saw 10 positive EPS revisions and 2 negative EPS revisions in the last 90 days. See Electronic Arts’s stock price’s past reactions to earnings here.

According to InvestingPro, Electronic Arts’s Financial Health score is “good performance”.

Check out Electronic Arts’s , and Electronic Arts’s financials here.

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