Electronic Arts (EA) to Report Q4 Earnings: What's in Store?

Zacks05-03

Electronic Arts EA is set to report fourth-quarter fiscal 2024 results on May 7.For fourth-quarter fiscal 2024, EA expects GAAP revenues between $1.625 billion and $1.925 billion and earnings in the ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2432628905?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/JyXR_PjYx2nx1HfdobY3Bg--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/0285b95277afcea6aa8df5099fda4d3e","is_english":true,"pubTime":"2024-05-03 20:33","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2432628905","market":"us","top_or_hot":-1,"title":"Electronic Arts (EA) to Report Q4 Earnings: What's in Store?","media":"Zacks","content":"<div>\n<p>Electronic Arts EA is set to report fourth-quarter fiscal 2024 results on May 7.For fourth-quarter fiscal 2024, EA expects GAAP revenues between $1.625 billion and $1.925 billion and earnings in the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/electronic-arts-ea-report-q4-123300843.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Electronic Arts (EA) to Report Q4 Earnings: What's in Store?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElectronic Arts (EA) to Report Q4 Earnings: What's in Store?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-03 20:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/electronic-arts-ea-report-q4-123300843.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Electronic Arts EA is set to report fourth-quarter fiscal 2024 results on May 7.For fourth-quarter fiscal 2024, EA expects GAAP revenues between $1.625 billion and $1.925 billion and earnings in the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/electronic-arts-ea-report-q4-123300843.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NVDA","symbol_name":"英伟达","start_time":0,"source_url":"https://finance.yahoo.com/news/electronic-arts-ea-report-q4-123300843.html","article_id":"2432628905","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/JyXR_PjYx2nx1HfdobY3Bg--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/0285b95277afcea6aa8df5099fda4d3e"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2432628905","pubTimestamp":1714739580,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Electronic Arts EA is set to report fourth-quarter fiscal 2024 results on May 7.For fourth-quarter fiscal 2024, EA expects GAAP revenues between $1.625 billion and $1.925 billion and earnings in the range of 20-68 cents per share.The Zacks Consensus Estimate for earnings has moved south by a penny to $1.55 per share in the past 30 days. The figure indicates a 12.43% decline from the year-ago quarter’s reported figure.The consensus mark for revenues is pegged at $1.78 billion, suggesting an 8.52% decrease from the year-ago quarter’s reported figure.The company’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 16.08%.Let’s see how things have shaped up for this announcement.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"NVDA":"英伟达","EA":"艺电","ANET":"Arista Networks, Inc."},"translate_title":"电子艺界（EA）将报告第四季度收益：商店里有什么？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EA":1,"ANET":0.9,"NVDA":0.9},"content_text":"Electronic Arts EA is set to report fourth-quarter fiscal 2024 results on May 7.For fourth-quarter fiscal 2024, EA expects GAAP revenues between $1.625 billion and $1.925 billion and earnings in the range of 20-68 cents per share.The Zacks Consensus Estimate for earnings has moved south by a penny to $1.55 per share in the past 30 days. The figure indicates a 12.43% decline from the year-ago quarter’s reported figure.The consensus mark for revenues is pegged at $1.78 billion, suggesting an 8.52% decrease from the year-ago quarter’s reported figure.The company’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 16.08%.Let’s see how things have shaped up for this announcement.\n\nElectronic Arts Inc. Price and EPS Surprise\n  \nElectronic Arts Inc. price-eps-surprise | Electronic Arts Inc. Quote\n\nFactors to Consider\nSlow demand for EA’s digital and live services across its portfolio is expected to have reflected in active user growth in the fiscal fourth quarter.A lack of new game releases and a seasonally slow quarter are likely to have mulled upon the company’s performance.Net bookings for the fiscal third quarter were $2.36 billion, up 1% year over year or 2% in constant currency. The company expects net bookings between $1.625 billion and $1.925 billion in the fiscal fourth quarter. The Zacks Consensus Estimate for bookings is currently pegged at $1.775 billion, indicating a decline of 8.8% year over year.The launch of EA SPORTS NHL 24, the latest installment of the hockey game and EA SPORTS WRC, the official game of the FIA World Rally Championship in the last quarter, is likely to have aided total bookings in the to-be-reported quarter. EA SPORTS UFC 5, the latest game of the martial arts franchise, was also released in the last quarter.Blockbuster games like EA SPORTS FIFA and EA SPORTS Madden NFL are expected to have contributed to total net bookings.However, the company has been witnessing increased operating expenses for game development and marketing. The rising expenses are expected to have kept margins under pressure in the quarter to be reported.\nWhat Our Model Says\nPer the Zacks model, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here.EA currently has an Earnings ESP of -7.79% and carries a Zacks Rank #2. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.\nStocks to Consider\nHere are some stocks worth considering, as our model shows that these have the right combination of elements to beat on earnings this season.NVIDIA NVDA has an Earnings ESP of +2.50% and carries a Zacks Rank #2 at present. You can see the complete list of today's Zacks #1 Rank stocks here.NVIDIA is scheduled to release first-quarter 2024 results on May 22. The Zacks Consensus Estimate for NVDA’s earnings is pegged at $5.49 per share, indicating growth of 403.67% from the year-ago quarter’s reported figure.Arista Networks ANET has an Earnings ESP of +2.49% and sports a Zacks Rank #1 at present.ANET is set to report first-quarter 2024 results on May 7. The Zacks Consensus Estimate for the company’s earnings is pegged at $1.74 per share, indicating a rise of 21.68% from the year-ago quarter’s reported figure.Docebo DCBO has an Earnings ESP of +8.00% and a Zacks Rank #3 at present.Docebo is set to report first-quarter 2024 results on May 9. The Zacks Consensus Estimate for DCBO’s earnings is pegged at 17 cents per share, indicating growth of 88.89% from the year-ago quarter’s reported figure.Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nNVIDIA Corporation (NVDA) : Free Stock Analysis Report\nElectronic Arts Inc. (EA) : Free Stock Analysis Report\nArista Networks, Inc. (ANET) : Free Stock Analysis Report\nDocebo Inc. (DCBO) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2432628905"}