Profile
Sector:
Communication ServicesIndustry:
Electronic Gaming & MultimediaCountry:
United StatesIPO:
20 September 1989Website:
http://www.ea.comNext earnings report:
N/ALast dividends:
28 August 2024Next dividends:
27 November 2024Price
after hours | Fri, 01 Nov 2024 22:53:15 GMTAnalysts recommendations
Institutional Ownership
EA Latest News
EA's financial results for the second quarter of fiscal 2025 show an increase in the demand for live services and revenue from full games.
Wedbush analysts have reaffirmed their support for Electronic Arts Inc (NASDAQ:EA, ETR:ERT) after the company raised its full-year forecast due to record net bookings in the second quarter. They noted that EA is starting to show strong earnings growth thanks to rising revenues and the benefits of operating leverage. This positive outlook came after the company's results were announced on Tuesday.
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Today, Electronic Arts Inc. (NASDAQ: EA) shared details about how fans have interacted with EA SPORTS FC™ 25 since its early access and during the first 25 days after its global launch on September 27*. Players from over 200 countries have participated in more than 1.7 billion matches and scored a total of 4.3 billion goals so far, with Real Madrid being the most popular men's team and FC Barcelona the most popular women's team.
Electronic Arts Inc. (NASDAQ:EA) will hold its Q2 2025 Earnings Conference Call on October 29, 2024, at 5:00 PM ET. The call will feature company representatives including Andrew Uerkwitz, the VP of Investor Relations, CEO Andrew Wilson, and CFO Stuart Canfield. Various analysts from firms like Baird, ROTH Capital, and UBS will also participate in the call.
Electronic Arts (EA) reported quarterly earnings of $2.15 per share, which is higher than the Zacks Consensus Estimate of $2.03 per share. This is an increase compared to last year's earnings of $1.46 per share.
EA's results for the second quarter of fiscal 2025 are expected to improve due to their growing range of games and the success of popular franchises, even with strong competition in the market.
In addition to looking at analysts' predictions for Electronic Arts' (EA) overall revenue and profit, it's important to assess forecasts for some of its main performance indicators. This will help us understand how the company may have done in the quarter that ended in September 2024.
Even after the market fluctuations in July, many leading Artificial Intelligence (AI) stocks continue to have high valuations.
Electronic Arts is fairly valued as it prepares for its 2024 Investor Day, showcasing its strengths and key growth drivers that could positively influence the stock market in the medium term. My optimistic forecast for the next 18 months suggests a possible 37% increase in its stock price, but this relies on the market recognizing EA's strong growth rates compared to its past performance. Additionally, the company's transition from FIFA to EA Sports FC may bring medium- to long-term challenges, including significantly higher marketing expenses for the time being.
REDWOOD CITY, Calif.--(BUSINESS WIRE)-- #WRC24--Electronic Arts Inc. (NASDAQ: EA) has announced that the eagerly awaited 2024 Season Expansion for EA SPORTS™ WRC 24 will be available on October 8. This expansion includes exciting new features across all three WRC classes, allowing rally enthusiasts to enjoy the 2024 season with fresh locations, stages, high-performance cars, and licensed teams. The EA SPORTS™ WRC 24 Season Expansion Bundle* will keep players updated with the latest content.
What type of business is Electronic Arts?
Electronic Arts Inc. is an American corporation that distributes video games. The company's headquarters is located in Redwood City, California. The company was founded on May 28, 1982. Currently, EA's most successful products are sports games published under the EA Sports label, games based on popular movie licenses such as Harry Potter, and games from long-running series such as Need for Speed, FIFA, Medal of Honor, The Sims, Battlefield, and more recent games: Burnout and the Command & Conquer series. They are also distributors of the Rock Band series.
What sector is Electronic Arts in?
Electronic Arts is in the Communication Services sector
What industry is Electronic Arts in?
Electronic Arts is in the Electronic Gaming & Multimedia industry
What country is Electronic Arts from?
Electronic Arts is headquartered in United States
When did Electronic Arts go public?
Electronic Arts initial public offering (IPO) was on 20 September 1989
What is Electronic Arts website?
https://www.ea.com
Is Electronic Arts in the S&P 500?
Yes, Electronic Arts is included in the S&P 500 index
Is Electronic Arts in the NASDAQ 100?
Yes, Electronic Arts is included in the NASDAQ 100 index
Is Electronic Arts in the Dow Jones?
No, Electronic Arts is not included in the Dow Jones index
When was Electronic Arts the previous earnings report?
No data
When does Electronic Arts earnings report?
Next earnings report date is not announced yet