140.20 -1.42 (-1.00%)
Before hours: 4:15AM EDT
|Bid||139.24 x 800|
|Ask||142.50 x 800|
|Day's Range||137.10 - 142.84|
|52 Week Range||85.69 - 142.84|
|Beta (5Y Monthly)||0.93|
|PE Ratio (TTM)||20.94|
|Earnings Date||Jul. 30, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||145.55|
Electronic Arts (EA) delivered earnings and revenue surprises of 65.85% and 28.96%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
EA earns a bigger chunk of its sales from live services, which include in-game purchases and "EA Access", a subscription-based online service, among other items. Revenue from live services was up by $416 million in the quarter from a year earlier, primarily driven by "FIFA" and "Sims", a popular life simulation videogame, Chief Financial Officer Blake Jorgensen told Reuters. New players on "FIFA" more than doubled in the quarter.
Electronic Arts (EA) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Take-Two Interactive (NASDAQ: TTWO) has long been a solid video game stock for investors. It returned almost 400% over the last five years, far outpacing the trading performance of Activision Blizzard (NASDAQ: ATVI) and Electronic Arts (NASDAQ: EA). Here are four charts that highlight Take-Two's path to greater profits and why further improvements should lead to even more returns for investors.
Electronic Arts (EA) first-quarter fiscal 2021 results are expected to reflect strength in live services, aided by expansion of its gaming portfolio amid stiff competition.
Electronic Arts (EA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Today, Electronic Arts Inc. (NASDAQ: EA) revealed new innovation in fan favorite modes coming to EA SPORTS™ FIFA 21. From more ways to play with friends through new social elements, to having more control than ever to manage every career moment, players can experience The World’s Game like never before. FIFA 21 also embraces a new generation of football with Paris Saint-Germain’s Kylian Mbappé, gracing the cover across all editions and available worldwide on October 9, 2020 for PlayStation®4, Xbox One, PC via Origin™ and Steam.
Augmented and virtual reality (AR/VR) is still a small industry. According to tech researcher IDC, global spending on AR/VR was $10.5 billion in 2019. Although the coronavirus pandemic has cast some doubt on short-term outcomes, IDC was predicting late last year that there would be a surge in global AR/VR spending to some $18.8 billion in 2020.
Electronic Arts Inc. (NASDAQ: EA) today revealed EA SPORTS™ UFC® 4 featuring UFC® middleweight champion Israel "The Last Stylebender" Adesanya and UFC welterweight contender Jorge "Gamebred" Masvidal as the game’s official cover athlete duo. The next game in the popular UFC franchise brings a new experience that puts the player and their created fighter at the center of the action. Featuring an all-new unified progression system, overhauled takedown and ground mechanics, more fluid clinch-to-strike combinations and the chance to experience the origins of combat sports in all-new environments, UFC 4 delivers the most polished mixed martial arts experience to date. Players who pre-order* the game can play out one of the most anticipated fights in combat sports history with world heavyweight boxing champions Anthony Joshua and Tyson Fury on day one.
(Bloomberg) -- Following scathing reviews of a computer game it released in May, Amazon.com Inc. is delaying its next big-budget game by at least six months. The decision represents another setback for the technology giant’s ambitions to break into the gaming industry.The next game, New World, was supposed to debut in late August but is now scheduled for spring 2021, Rich Lawrence, director of Amazon’s game studio, wrote in a blog post Friday. The company wants extra time to implement changes suggested by players who have been testing the game, he wrote.Delays are fairly common in the video game industry, but this was an important opportunity for Amazon to redeem itself after a recent flop. Amazon is trying to make a name for itself as a maker of big-budget video games that can compete with those from the likes of Activision Blizzard Inc. and Electronic Arts Inc. But Amazon’s Crucible, a free-to-play PC game introduced in May, was panned by critics, prompting Amazon to take the highly unusual step of pulling the game from wide circulation.New World is a massively multiplayer online game where hundreds of players seek to colonize a fictional world filled with supernatural creatures. Customers who tested or pre-ordered the game will still be able to play it for “a period of time” starting Aug. 25, the company said.“We don’t make the decision lightly, and we have urgency about getting the game to you as quickly as possible at the best quality -- with some additions that will make the experience even better,” Lawrence wrote.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Electronic Arts Inc. (NASDAQ: EA) will release its financial results for the first fiscal quarter ended June 30, 2020 after the close of market on Thursday, July 30, 2020. In conjunction with this release, EA will host a conference call to review its financial results for the first fiscal quarter, discuss its outlook for the future and may disclose other material developments affecting its business and/or financial performance. Listeners may access the conference call live via a dial-in number or audio webcast.
Electronic Arts (EA) is likely to benefit from portfolio strength with the launch of The Sims Spark'd reality competition show in partnership with TBS despite intense competition.
Electronic Arts Inc. (NASDAQ: EA), in partnership with Turner Sports’ esports and gaming entertainment brand ELEAGUE and Buzzfeed Multiplayer, today announced a first-of-its-kind reality competition series centered on EA’s popular life simulation franchise, The Sims™. Since its release in 2000, The Sims has been redefining what it means to be a gamer, allowing players to create and control characters in a virtual world, where they can express themselves in a way that is most authentic and meaningful to them. The Sims Spark’d is redefining reality competition by bringing creativity, storytelling and the community together in an entertaining new way. The contestants will be given creative challenges to build the most unique characters, worlds and stories, all told through the latest highly successful game in the franchise, The Sims 4.
The game maker's biggest titles saw a spike in engagement during COVID-19, and investors are hopeful for what the next console generation might bring.
Electronic Arts Inc. (NASDAQ: EA) announced today it will host its 2020 Annual Meeting of Stockholders as a virtual, audio-only meeting hosted online at www.virtualshareholdermeeting.com/EA2020. Due to ongoing health concerns and physical distancing requirements relating to the COVID-19 pandemic, the meeting will be virtual-only this year, with no way to attend in person.
There could be a lot of pent-up demand for this fresh take on the classic "Star Wars" flight combat games from the 1990s.
Electronic Arts (EA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from leaders at Electronic Arts (EA), Snapchat (SNAP), ImagineAR (IPNFF) (IP.CN), and Spotify (SPOT). Accelerating Digital Transformation is driving new mega trends in consumer behavior - from streaming to esports, augmented reality and more.