Electronic Arts Earnings miss, Revenue beats In Q4 By Investing.com
Electronic Arts (NASDAQ:EA) reported on Tuesday fourth quarter earnings that missed analysts’ forecasts and revenue that topped expectations.
Electronic Arts announced earnings per share of $0.26 on revenue of $1.49B. Analysts polled by Investing.com anticipated EPS of $1.05 on revenue of $1.39B.
Electronic Arts shares are down 1% from the beginning of the year and are trading at $141.35 , down-from-52-week-high.They are under-performing the Nasdaq which is up 3.89% from the start of the year.
Electronic Arts shares gained 0.01% in after-hours trade the report.
Electronic Arts follows other major Technology sector earnings this month
Electronic Arts’s report follows an earnings beat by Apple on April 28, who reported EPS of $1.4 on revenue of $89.58B, compared to forecasts EPS of $0.9864 on revenue of $77.09B.
Microsoft had beat expectations on April 27 with third quarter EPS of $1.95 on revenue of $41.71B, compared to forecast for EPS of $1.78 on revenue of $41.04B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar